
5 November 2024 | 3 replies
Just make sure to do your due diligence, get second opinions on the rehab work, and double-check the financials to ensure it makes sense.

31 October 2024 | 9 replies
If you really need to buy another asset, consider a heloc for $200k of equity cash out and use that as a down payment for the next asset.

4 November 2024 | 2 replies
Instead, we decided to try a “cash-for-keys” approach, offering him financial assistance to peacefully vacate the property.My wife Shelly and I went to the property to speak with him in person.

4 November 2024 | 3 replies
You also want to look at your liquid reserves because as you buy more rentals more PITI reserves are required and a Heloc can "Never" be used as an asset or for a PITI reserve.If you evver have any questions feel free to reach out I enjoy talking REI and I deal with them every day as Banker.

4 November 2024 | 24 replies
The concern from the secondary capital markets lies in the following: Residential assets are appraised as, and commonly zoned as, their highest and best use.

5 November 2024 | 10 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.
4 November 2024 | 4 replies
I am far from a financial advisor (which I hope you have a good one), but there are a lot of benefits to diversification and investing in RE.

4 November 2024 | 10 replies
Why would anyone give a loan against an asset when there's no insurance policy in place?

4 November 2024 | 2 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

5 November 2024 | 11 replies
As mentioned if the holding company is not solely holding or owning assets together funneling monies as a loan would further complicate if there is a default but also cause you to file extra tax returns = $...Yes you are taxed on interest income or any money that you make, does not matter how you structure it, what comes into play is not how much your taxed but how much you pay someone to figure out for you how much you need to pay and each layer is an added cost.