
28 August 2024 | 14 replies
Essentially, when they send the leads, there is no reference to where they came from or the URL to the lead source, making it difficult on our end to track.

28 August 2024 | 5 replies
You need to provide them with the LLC information and the trust documentation when opening an account.I have opened bank accounts for the trust and for LLCs owned by the trust at multiple institutions, including one of the four major US banks, local banks, local credit unions, online banks, multiple major brokerage houses, etc.

29 August 2024 | 13 replies
**Home Equity Loan or Line of Credit**: If there's enough equity in your other rental properties, you might be able to tap into that to fund the auction.Act quickly to explore these options, as timing is crucial to secure the deal.

27 August 2024 | 2 replies
I do keep track of all my time and mileage.

27 August 2024 | 21 replies
if the answer is no.. then please keep in mind this will be next to impossible for you go get unless your financially strong enough to walk in the local bank and borrow from them. no HML is going to loan that kind of money on new construction for someone with no track record.UNLESS you put in a huge amount of cash.. up front. so were We see all these folks getting scammed is they don't realize they really don't qualify for financing.. there is some notion running around that HML are just equity lenders they are not.. they are experience lenders IE how many have you done.. first time borrower VERY short leash. so you have the scammers saying no problem the bigger the loan the bigger up front fee they hit you with and never fund.If you have the ability to go on American Greed website.. look up the episode on Remington financial.. they were the mother of the pump and dump Due diligence scams..

28 August 2024 | 4 replies
I am based out of SLC, UT but wanted to see if there are any good HELOC programs anyone would recommend aside from local credit unions?

27 August 2024 | 7 replies
However, even DSCR loans require personal guarantees and MAY or MAY NOT report to credit.

27 August 2024 | 1 reply
If you’re confident in these numbers, it could help mitigate the risk.Exit Strategy: Your plan to refinance after construction is solid, but keep an eye on where interest rates are heading and ensure the cash-out refinance will cover the HELOC without leaving you in a tight spot.It sounds like you're on the right track, but if you're still feeling uncertain, it might be worth consulting with a local real estate professional or financial advisor who can help you analyze the deal further.

28 August 2024 | 18 replies
For example, your credit card could have a line of credit up to $25,000 but you don't pay anything as long as your balance is $0.

28 August 2024 | 17 replies
We agreed upon the profits from the Airbnb's being for the property bills and debts that have accrued while working together, i.e credit cards and other loans pulled while those specific properties were being renovated.