Though the agency can often work with situations where collateral might be thin, SBA loans require a guarantee from all principals with a stake of more than 20% in the business enterprise.

If not a complicated enterprise with no partners, a boilerplate OA should suffice.Do not do active income activities (flipping, wholesaling) and passive income activities (rentals) inside the same entity. 

Personally I would hunt out a local management company over a larger corporate enterprise like Vacasa.

What do you think about new enterprises like COMMON or WeLive or PODSHARE?

Hello, I was wondering if anyone has heard of the private lending company called “Stuart Enterprises” and knows if they are legitimate?

Lots of different topics and a very friendly group.Impact Grapevine- www.impactgrapevinetexas.com- Started in Bigger Pockets and super friendly atmosphere.Texas Tuesday Real Estate Mastermind – www.ttdfwrem.com - https://www.facebook.com/texastuesdaydfwremastermindHard Money LendersInvestmark Mortgage - www.investmarkmortgage.com/ – Paul Starnes Longhorn Investments – Ryan Blake -www.longhorninvestments.com/Emerald Dolphin Enterprises - https://emeralddolphinenterprises.com/– Taylor Weakley Wildcat Lending – Kevin Shipman – www.wildcatlending.com

Portfolio management and enterprise governance are essential as you grow into the next phase of business.

If the irs, I assume this was Not because there were irs liens previously filed, but due to some tax evasion for cash rec’d in an illegal enterprise?

I am amazed that so many beginners gravitate toward flipping, This is some of the most involved enterprise in all of RE.1.Understand your marketplace correctly, which leads to2.Estimate retail price correctly3.Price the repairs correctly, which leads to4.Make the right offer5.Have GOOD contractors, which is hard for a newbie without a track record, which leads to6.Remodel correctly – know what to do and what not to do7.Structure financing correctly8.Structure the selling process correctly9.Buy, so that you have 3 exit strategiesAnd then there is more…You mess up anything on this list, and you will pay with blood, sweat, tears, money, and debt.

These Government Sponsored Enterprises (GSE's) dominate the multi-family lending arena.