Ryan Gyllenband
HELOC in Texas on Investment Property
4 September 2024 | 39 replies
UtahAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MO Aven…not on investment properties.Bancorp South, Texas Lines of Credit on free and clear housesBank of Southern CaliforniaBank of West (BNP Paribas) 60% LTV CA, AZBB&T will loan on a rental portfolioBBVA, now PNCBellwether Community Credit Union, NH and MA 85% to 100%, draw 10 yrsBMO Harris, 3 HELOCs to 70% LTVBoeing employee credit union Cal Coast Credit Union, CA Citizens Bank -Minnesota, only in-state.
Joseph M.
1031 Exchange and Renovations
30 August 2024 | 6 replies
@Dave Foster is correct.Also, keep in mind that you cannot sell and then do a 1031 exchange.
Andrew Acuna
What is everyone's obsession with hiring PMs!?!
4 September 2024 | 84 replies
If you want to take a vacation, be out sick for an extended period, or even just move on, you'll need to "hire" and train a replacement.In terms of "The Cashflow Quadrant" (E - S - B - I), you're in the bottom-left corner: you're self-employed.You would need to move to the top-right corner and become a business owner: the business needs to run even when you're out sick, on vacation, "on family leave", etc.If you're new to the concept, "The Cashflow Quadrant" looks like this:E | B-----S | I"E" is you're an employee in someone else's business.
Manshi M.
REM Capital - Robert Ritzenthaler - Thoughts?
3 September 2024 | 20 replies
I don’t know if Patrick was completely duped by Robert as well, but I do know that when I make inquiries, Patrick directs me straight to REM and doesn’t address the issues himself.Patrick seems to be a very intelligent guy and, honestly, I still occasionally listen to his educational content, but I will never invest with him again. is he licensed series 7 so he can legally take fees or was he a principal or employee so he could legally take fees ?
James Lucenti
Attention Investors. It's Time To Check Out The Syrac US E Market
31 August 2024 | 5 replies
With 9,000 of these positions offering salaries exceeding $100,000 annually, the influx of employees and their families is projected to drive up demand for housing significantly.
Sani Shu
Anybody familiar with Keystone Funding Network?
6 September 2024 | 79 replies
But we are not a massive organization with employees to spare.
Chandra Faulk
1031 exchange-can I exchange 2 houses for the sale of 1?
29 August 2024 | 6 replies
Yes you can buy 2 properties as long as the combined price is the same as the net sale price of the one sold @Dave Foster is the expert and I use him for all my 1031 transaction.
Camy Kwok
1031 Exchange from residential to commercial/residential
29 August 2024 | 6 replies
@Dave Foster knows all about this and handles these all over.
Tom McDaniel
Partnership LLC Sells Rental, Invests in DST, Closes LLC, Can DST be Distributed?
29 August 2024 | 3 replies
Mr Foster, Thank you for reviewing and answering.
Ryan Cleary
1031 into a BRRRR deal
29 August 2024 | 3 replies
I'll loop in @Dave Foster and perhaps he can help you.