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13 December 2024 | 35 replies
If you had eyes on the property and have a good idea on all this you can hit the HML for all the costs and take draws after the initial acquisition to do the rehab for the rest of the amount.
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3 December 2024 | 9 replies
A HELOC gives you flexibility since you can draw as needed and only pay interest on the amount you use, which might be useful if you’re not sure exactly how much you’ll need upfront.That said, it’s important to compare the interest rates between a HELOC and your expected returns in the stock market—if you’re making more in your investments than you’d pay in interest, it could be a good play.
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4 December 2024 | 6 replies
Get a good attorney to draw up your LLC and spell out what everyone does and how you can push any of you out when they underperform.
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19 November 2024 | 12 replies
If the amount is significant I draw up a document stating the interest rate and the payment plan.
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10 December 2024 | 17 replies
I find if I do the "heavy lifting" like drawing out a system and or the floor plan of the cabin, you can find a guy to do the "official" work fast and for a cheaper price than if you sit back and do nothing.
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29 November 2024 | 5 replies
I live in North Georgia and a few people have said the town in general has declined since the casino was built but I figured that would draw more interest and the numbers still look pretty good.
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6 December 2024 | 21 replies
You do have to be able to front the cash prior to each draw, but other than that they've been good to work with
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19 December 2024 | 50 replies
Further, a member of the LLC can take a draw from the LLC without it having to be regarded as and follow the for,Ali toes of a salary or dividend, so again can’t be used by a plaintiff’s attorney to pierce the veil.
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30 November 2024 | 6 replies
While I don't have years of experience to draw on for how the real estate market behaves around elections, I believe it's like most aspects of investing—unpredictable.
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4 December 2024 | 25 replies
Because we're flippers we can't afford a landscape designer so we go with the style of the home, look at google images based on what kinds of landscaping go with that type of property and then we draw a map of where we want the beds and grasses to go.