
2 December 2024 | 2 replies
Hello! Just focusing on reducing debt , I tutor chemistry which has been helping with finances. Looking to knock out all credit card debt early next year and rebuild the 6 month emergency fund.

13 December 2024 | 11 replies
If they don't you personal financial situation plays a bigger part in securing a loan.

19 December 2024 | 55 replies
As of my last update in April 2023, the definition of an accredited investor includes, but is not limited to, the following:Income: Individuals who have had an income of more than $200,000 (or $300,000 together with a spouse) for the past two years and expect the same for the current year.Net Worth: Individuals with a net worth exceeding $1 million, either alone or together with a spouse, excluding the value of the person's primary residence.Insiders: Directors, executive officers, and general partners of the company selling the securities.Professional Experience: Certain professional certifications, designations, or credentials or other credentials issued by an accredited educational institution may allow an individual to be considered accredited.Knowledgeable Employees: In the case of private funds, "knowledgeable employees" of the fund are also considered accredited investors.Institutions: Banks, partnerships, corporations, nonprofits, and trusts with assets exceeding $5 million.By imposing these criteria, Regulation D is meant to ensure that all participants in such an offering are capable of fending for themselves or sustaining the risk of loss, thus requiring less regulatory protection.Under Rule 506(c), it is not enough for an investor to simply claim accredited status.

10 December 2024 | 25 replies
Do you have any personal experience in investing in indications and that’s why you choose to not/no longer invest this way?

10 December 2024 | 8 replies
If you find a deal and it is really that good, then you can bring it to a family, friend, or person you met that is an investor and see if they will partner with you on the deal.

13 December 2024 | 16 replies
As a disqualified person, it's important to me that it be 100% clear that I am merely the manager of the LLC and not the owner.

9 December 2024 | 6 replies
You can do all the prequalifying from anywhere via credit check, call references, verify income etc.Make sure you have a handy person, ac person, plumber, etc etc that you can call when you need some work done.

11 December 2024 | 34 replies
I think the person in the mirror has reached the top of the knowledge limit and needs someone that is an expert to move me to a higher level.

11 December 2024 | 4 replies
It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

8 December 2024 | 4 replies
@Dan Dares TMYou can use your familyMember but they will need to be a part of the deal and the bank will most likely want them to personally guarantee the loan.