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11 October 2024 | 18 replies
The deal worked out okay but the agent my borrower worked with wouldn't release the keys, even after escrow closed, until his commission hit his bank account, that among other small issues.
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8 October 2024 | 10 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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16 October 2024 | 22 replies
You are WAY too eager to leave your job for investing when investing takes years to deliver a return comparable to your job unless you have a bank vault of money to play with.
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12 October 2024 | 25 replies
This means the location must possess the right characteristics to attract new businesses.If the city fails to attract new companies, soon only low-paying service sector jobs will remain.
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14 October 2024 | 37 replies
I'll pass that along to my clients...........with Infinite Banking policies.
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12 October 2024 | 12 replies
Banks won’t loan money to purchase land (usually); so any buyers will either have to be flush with cash up front (which severely limits your buyers pool) OR the seller has to make it easy for an interested party to purchase the land.Seller-financing works great with land, as do land contracts.
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11 October 2024 | 7 replies
Some of what they are saying is correct, like having a separate bank account to hold security.
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10 October 2024 | 1 reply
We sent 6 offers, one per week until the bank finally accepted.How did you finance this deal?
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14 October 2024 | 31 replies
Therefore, your ability to re-use your money like you could in a BRRR or a flip is limited, and you are banking on the cash flow from that property or market appreciation over time to re-capture any money.
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11 October 2024 | 17 replies
Of course the customer is acting as the contractors bank , who else is going to ?