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19 November 2024 | 4 replies
Once you have a track record of success, they'll fund you for multiple projects at the same time.
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23 November 2024 | 15 replies
In many states, an LLC can keep your name off public records, which is great if you prefer to keep your ownership private or avoid being directly associated with the property.Having an LLC also makes you look more professional.
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20 November 2024 | 15 replies
Why go to a lender that has no presence online when there are plenty of lenders with lots of reviews / track records on places like here and Google?
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17 November 2024 | 0 replies
It’s essential to consider factors like payment plans, projected infrastructure developments, and the track record of the developer to make informed decisions.The most successful investors are those who carefully analyse the potential of each project rather than being swept away by the allure of glossy marketing.
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18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
21 November 2024 | 24 replies
Somehow, a quitclaim was made from the sole heir just 5 days before the tax sale - and recorded in the deed book the day after the tax sale.
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19 November 2024 | 12 replies
Clearly record the purpose and terms.LLC to Personal: Draw money as an owner’s distribution or repayment of a loan, ensuring it’s properly documented.➡️ Mixing personal and LLC funds without proper documentation could pierce the corporate veil, exposing personal assets to liabilities.
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21 November 2024 | 39 replies
Quote from @Nicole Koch: I think that most people looking for anonymity are basically trying to keep their name off public records so that if they own rental units some psycho cant just look up who owns the property, whats their FB, who is the wife/husband, kids etc..
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26 November 2024 | 25 replies
This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).
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17 November 2024 | 0 replies
.📝 Pro Tip: Keep receipts & records to back up your claims.