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27 January 2025 | 65 replies
I believe a large amount of our ad spend was spent to advertise the program.
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5 February 2025 | 16 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.
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5 February 2025 | 38 replies
The company asserts that proceeds from investor funds, exchanged for loan notes with guaranteed annual returns, were used to purchase websites and customer lists of large, national retailers that filed for Chapter 7 in 2020 or 2021, which Mr.
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23 January 2025 | 4 replies
If we include investments in mortgage loans (trust deeds), real estate partnerships, REITs as well as direct property ownership, I’m at about 80%. I guess you can say I’m all in. While I do maintain a relatively mod...
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28 January 2025 | 10 replies
Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?
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31 January 2025 | 7 replies
A revocable trust offers excellent estate planning benefits but provides limited liability protection and no tax advantages, while irrevocable trusts provide stronger protection but less flexibility.
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18 January 2025 | 16 replies
I have an excellent agent partner who is an MTR manager there with 24 units.
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29 January 2025 | 28 replies
Hey @Benjamin Blunt do you have a website that says that you help people with their real estate issues??
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29 January 2025 | 5 replies
We are in all of those markets you mentioned and can help streamline the process for you.You can also click on my website link in my bio to schedule a call!
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16 January 2025 | 0 replies
Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.