Christina Galdieri
Seeking Advice: Combining Business Needs with a New Property Idea
24 January 2025 | 5 replies
With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property.
Pat McQuillan
MFH in Woonsocket, RI
28 January 2025 | 2 replies
I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.
Ercilio De La Cruz
Real Estate Entrepreneur
19 January 2025 | 1 reply
Besides that, I have a credit repair and funding company that helps entrepreneurs get their businesses going.
Panos Coufos
HELOC to Fund Downpayment on Next House Hack?
23 January 2025 | 1 reply
The most important rule is to have the cash flow of the new property be able to pay all its expenses, mortgage, AND the line of credit back.
Jesse Scheidel
Structuring bank accounts
5 February 2025 | 4 replies
I prefer to have the least amount of banks as possible.Create a bank account that you already have a relationship with(Credit card or mortgage)The least amount of bank accounts is also ideal.
Garrett White
Cashflow in a Competitive Markets
28 January 2025 | 0 replies
Sourced through the MLS and negotiated heavily with the seller to get price reductions and credits at closing How did you finance this deal?
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
27 January 2025 | 11 replies
Personally, I'd cash-out refinance into a 30 or 15 year loan.
Willie J Baxter
Any useful advice?
24 January 2025 | 3 replies
If you have nothing, and make nothing, you declare bankruptcy, wreck your credit and try to go back to renting.
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
Personally I like to build with cash to avoid the extra expenses, so I dont actually finance anything until its done and I have decided to hold it.