Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
The interest rate on a HELOC or Heloan may be better than the personal loan.
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
I have a salt water hot tub at my personal home.
Sofia De Santos Tavarez
Should an investment property lease have the personal name or the LLC as the landlord
23 December 2024 | 5 replies
Hi, my husband and I are new to real estate investing and have a property we are renting out to tenants. We recently put the house under an LLC but are not sure if the lease should reflect the LLC as the landlord or k...
Jerome Brown
Returning member, ready to learn
21 January 2025 | 6 replies
My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.
Chad Jones
HELOC to fund a rehab?
20 January 2025 | 9 replies
Would a HELOC or home equity loan on my personal home be a good idea to fund this?
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
I 100% agree with the intent aspect and that is an important premise, but the fact is in this particular situation intent for it to be personal use has been confirmed (by way of a public post).
Amanda Dobbs
Where to find Investors
17 January 2025 | 2 replies
Is there a place to find Private Investors as in one person?