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24 January 2025 | 4 replies
Would a bank even allow us to mortgage multiple buildings on a single lot without it being subdivided?
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25 January 2025 | 2 replies
I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.
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30 January 2025 | 7 replies
Do NOT buy anything from the Detroit Land Bank!
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29 January 2025 | 1 reply
Since bathrooms are relatively small, using some unique tiles and fixtures won’t break the bank and will go a long way with buyers.3.
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10 February 2025 | 8 replies
If s/he'd been putting aside reserves, the repair would have been covered by funds already in the bank.
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28 January 2025 | 1 reply
Bank recourse How did you add value to the deal?
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31 January 2025 | 3 replies
If my business owner bank statements did not gain me an approval, I was going to go the hard money route.
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23 February 2025 | 18 replies
What's your income and how much money do you have in the bank would be the first thing I would consider.
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5 February 2025 | 5 replies
We sold 3 locations that had little debt on them with great cashflow, stayed heavy in cash, our stock return was only around 11% versus 25% since we went conservative, have two projects banks have already greenlighted with no downpayment on our part using cross collateralization with other properties- built in $2.5mm equity creation in 3 years in those projects, on hold for now. .
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29 January 2025 | 2 replies
Additionally, forming a new LLC may require obtaining a new EIN and business bank account.This post does not create a CPA-Client relationship.