
25 June 2024 | 17 replies
It might be frustrating, but both these companies have probably seen plenty of success and plenty of failure too and they want to see you win.Now with that said there are plenty of wholesalers in DFW that don't care if you win or not.

25 June 2024 | 35 replies
Account ClosedNo problem, every landlord has different criteria and having run across too many so called "self employed" it is better for me to reduce my risks by simply say no.

24 June 2024 | 21 replies
I don't know what I'm missing here, am I simply in the wrong market to flip?

23 June 2024 | 3 replies
So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.

25 June 2024 | 9 replies
Simply let them know you want to transfer ownership but not payment.
24 June 2024 | 5 replies
Our CPA told us if we transferred to NJ LLC with both of my parents as 50/50 owners, they can treat the LLC as a single member for federal tax purposes and continue to file on Schedule E because they file a joint return, but this seems to be inconsistent with what I've read.If we want to transfer to an LLC and continue reporting on Schedule E on their joint tax return, can I simply set up the LLC with one of my parents as the member and have each parent deed their interest to the LLC that will be owned by one parent?

26 June 2024 | 45 replies
Your bank is simply offering you a conventional loan.

24 June 2024 | 1 reply
Investors, (two of us) ultimately funded about 32% of the project with cash and additional money was raised from members of the local REIA, simply by word of mouth.

24 June 2024 | 11 replies
This is simply due to Philly's market allowing for great rental to value ratios.

26 June 2024 | 32 replies
You get to charge the one tenant above-market rent (in exchange for them being allowed to sublet), the lender gets the one single lease that they know how to understand, everyone wins.