Andrew Boykins
Lending for Tax Break
14 October 2015 | 5 replies
@Andrew Boykins you need to decide if you are going to use equity, debt, or a combination of the two.
Charles Clinton
Understanding the differences between equity and debt investing
12 October 2015 | 4 replies
The simplest deals will be just equity and senior debt, while the most complicated may have multiple tranches of mezzanine debt or senior debt that is later syndicated out into multiple notes.
Stanley E.
My Money vs. Their Money
9 March 2015 | 10 replies
I have implemented both philosophies simply by going through the debt snowball in my personal finances but using leverage(debt, or others people's money) for investments.
Chris Stephens`
College Student 19 wanting to start
26 March 2015 | 10 replies
Every loan officer on the planet is going to tell you to "build good debt" to replace "bad debt" or a non-existent credit history.
Bill B.
How do I do this properly?
27 April 2015 | 22 replies
Due to some of that and a couple more ideas, typically I take the easy way out with these discussions on BP and say, if you are acting like a lender either in debt or equity you need to get a license.
Desmond Trice
Next step
3 April 2015 | 1 reply
As long as you qualify to carry the debt you can keep buying houses with just 20-25% down until you can't carry the debt or you run out of the 10 mortgages.
John Kesner
Inheriting Elderly Tenants
12 May 2016 | 3 replies
My agent said the bring in $2200/mth but have no other debt or payments.They are stressed about having to move (it would stress me out facing packing all that stuff up) and willing to pay more to be able to stay.I feel we just screen them like new tenants and if references check out I'm leaning towards continuing with them, although they are below the 3x rent income requirement.The property would probably need $3-5k in carpet and paint to ready for new renters so it would he great to have a good built in tenant for a while.Anyone have a situation like this go bad that can share some things to watch out for??
Bob Malecki
Chapter 11 question on commercial property note
13 May 2016 | 3 replies
Essentially, the debtor business reorganizes and operates the business as a fiduciary for the benefit of creditors, and there is usually a committee of creditors which must vote to approve the plan.
George Dean
Headaches of note business
21 February 2016 | 8 replies
Otherwise at some point the mortgagor could use the fact that the note was not in compliance when it was written as a defense against paying the debt or foreclosure.
Sean Walton
Other Condo Owners Delinquent on HOA Dues
24 February 2016 | 4 replies
They will make sure that you are complying with all the notice requirements and their fee is charged to the debtor.