Stuart Udis
Structuring your entities for anonymity is NOT asset protection
21 November 2024 | 39 replies
But, now laws are much stronger, identity much more difficult to hide.
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Anything not tied exclusively to the agent, once listed.
Nicholas Cavato
FHA vs Conventional with LLC involved
23 November 2024 | 15 replies
There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
Once you have a steady cash flow and a better understanding of what goes into renovations, you’ll be in a stronger position to move into MTR or consider a fix-and-flip project.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
Michael Dallas
!st Private Lending Deal
16 November 2024 | 14 replies
Seller has $405k tied up in the deal, 2nd lender has $95k tied up and you have $0.
Mark Alford
Is there a bank that will lend a HELOC on a Multi Family Property
17 November 2024 | 12 replies
LOC on business purpose doesn't really make sense from a lenders perspective.Think about it, you have to tie up funds and not earn a return until the borrower wants to use them.Time is money and if your lending money you want a return each day your money is out.I'd strongly recommend just going with a cash out refinance and avoid spinning wheels looking for a LOC.
William Vreeland
Knoxville vs. Indianapolis
13 November 2024 | 4 replies
Tennessee’s no-state income tax policy can be a nice perk for long-term wealth building.Indianapolis Pros: Having real estate connections in Indy could give you a competitive advantage on deals, local market insights, and trusted contractors, which can be invaluable for a BRRRR strategy.Ultimately, your “competitive advantage” might be stronger where you already have boots on the ground.
Marc Shin
closet has some round foam structure
14 November 2024 | 4 replies
However, I suspect it's still tied to the furnace/boiler.
Thomas Roark
Newbie in need of Example Deal Guidance
13 November 2024 | 2 replies
I am learning but am struggling to tie tools, etc, together to understand a deal.