
15 March 2018 | 5 replies
The public records will show the total amount of the loan, but not the outstanding balance so they won't know if you are leveraged or not.

11 March 2018 | 6 replies
If you purchased multiple cash flowing properties and held them for long term your equity build up and net worth will far out perform a cash buyers.Last, your total cash payment could be used to purchase a larger or nicer property giving you a greater return (if purchased correctly).

11 March 2018 | 3 replies
For agents that only do 1-2 transactions per year, it will take a long time to complete.In order to get the designation, an applicant must meet the following portfolio experience:-Three (3) or more qualifying activities totaling $30 million or more; or-Exactly ten (10) qualifying activities totaling $10 million or more; or-Twenty (20) qualifying activities with no dollar volume requirement.In general, designations don't increase business, they increase the level of competency.

11 March 2018 | 0 replies
At the same time not too low that I am totally screwed if that is the minimum that gets bid.Here is the rental listing:https://www.zillow.com/homes/for_rent/30-Carter-Av...Here is the BP listing:https://www.biggerpockets.com/forums/517/topics/544758-cash-flowing-turnkey-3-15-sf-in-dayton-ohioIts a fresh building and new tenants agreeing on three year lease at $820, plus, plus.

17 May 2018 | 5 replies
I'd buy my house again today in a heartbeat for our total refi amount, so I guess I did an appreciation-refi-play on my house to pay for a divorce and am at about 20% equity when the dust settles with no revolving debt.

14 March 2018 | 7 replies
I'll be splitting the building/land using the public record county tax ratios, but I'm not sure about the initial total to use.Possible options are:Property value shown in the public record (same place that has land/building split visible)Amount shown on the appraisal that my lender orderedAmount of money I put into it all (effectively sale price plus all the fees I ended up paying)Amount shown at the bottom line of my settlement statementWhich of those is correct?
15 March 2018 | 10 replies
I totally disagree with most of the posters above.
14 March 2018 | 4 replies
I never pay for labor up front, I will pay for materials (but only by calling the supply house and paying directly).I pay 25% of labor when 50% of the job is completed and the rest after the job is totally finished, inspected, all permits are closed, etc.

19 March 2018 | 29 replies
I am, however, coming across some discussions mentioning that a prospective lender or bank you'd be working with on the refinance may be able to see that the title on said property was slyly financed to yourself through your LLC and this could/would be likely to trigger a "Due on Sale Clause" which would screw everything up totally??

13 March 2018 | 6 replies
I think it's totally personal preference.