Max Schilling
Cash For Keys In Foreclosure Sale Property
3 February 2025 | 3 replies
If need be, I can/will go down the legal path again, but I would like to avoid it as I want this property flipped ASAP.
Kyle Deboer
Raising Down Payment Money
29 January 2025 | 25 replies
Incurring debt before you have sufficient earnings to support that debt.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
As a business, a judge will expect YOU to know all the laws and legal procedures.Make a minor mistake and the judge is unlikely to give you a break and may rule in the tenant's favor.The judge will see the tenant as a consumer and may give them a lot of leeway in court, even give them borderline legal advice.You are in over your head, not having the knowledge to properly handle this.
Mike Reynolds
Solo K financing question
1 February 2025 | 15 replies
Also, how do I protect my assets if I use a solo k for a down payment but still need debt financing to purchase a property?
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
When your LLC takes a loan, expect as members to personally guarantee the debt.
Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
(Property Meld for one)--- Owners often think a PMC can just enter a tenant's home to make repairs, but don't really understand the potential legal issues of entering when a tenant is not home.--- Owners don't understand the percentage of maintenance appointments tenants miss!
Timothy Frazier
Hard Money Loan
1 February 2025 | 16 replies
If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially?
Aj Green
Lowest Rate Ohio Mortgage Currently (Investment)
21 January 2025 | 11 replies
If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
LLC's main benefit is from a legal perspective.
Justin Fondren
First Property Steps To Buy
19 January 2025 | 7 replies
From experience, I’d recommend getting pre-approved, improving your debt-to-income ratio if needed, and researching local assistance programs.