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17 February 2025 | 61 replies
People nowadays want payment up front then service.
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8 February 2025 | 3 replies
Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.
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20 February 2025 | 21 replies
-Rent collection and financial management is probably not at the top of the list based on some of the challenges that we hear about, mainly because if you are lucky enough to have solid tenants and low vacancy, this is easy peasy, but if you have some challenging tenants that default on payments, or the possibility of an eviction arises, it can be worth paying a management company to help guide next steps."
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19 February 2025 | 42 replies
This is eerily similar to the unsecured loans I've made and haven't seen a payment on in over two years.
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11 February 2025 | 4 replies
Hey Brandon,I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack!
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29 January 2025 | 21 replies
The lender may figure if the borrower had this kind of money they’d be making the mortgage payments.
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8 January 2025 | 11 replies
The rules and payment standards vary significantly from one area to another, so familiarizing yourself with the local housing authority's procedures is key.
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9 February 2025 | 4 replies
For non payment of rent, follow your lease and retain an eviction attorney.
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5 February 2025 | 7 replies
Really expedites the time it takes to reach FI when you can completely eliminate your housing payment and get into multis for such little down and start building equity/cash flow with each one.
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15 January 2025 | 10 replies
As a new fix and flip investor lenders will typically want to see 20% down payment and will be able to fund 20% of the rehab budget (80% LTC).