
19 December 2024 | 55 replies
However, it seems extremely high risk as, to my knowledge, it is unsecured and only backed by a 'promise' to repay not any hard assets or relevant collateral.

19 December 2024 | 8 replies
It has a free version and in the event you'd like to upgrade once you obtain more properties, the monthly cost is extremely reasonable.

17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.

19 December 2024 | 2 replies
Of course, always check recent reviews.. they tell you more than a flashy website.Size Matters: I’d avoid both extremes... massive firms managing thousands of units and one-person operations juggling too much.

17 December 2024 | 3 replies
Quote from @Arun Maheshwari: Hi,Does the bank owned foreclosure property allows to put Inspection contingency for big issues like plumbing, eletricity etc.ThanksIf it is bank owned and the foreclosure has taken place - possibly but they would make you responsible to turn on power and water and turn it back off.
21 December 2024 | 18 replies
Sure you could do a money market or put it in an ETF or something, but this is one of the options where the balance "can't" go down or is extremely low risk while making a decent yield.

19 December 2024 | 5 replies
If you do not want your name to show up anywhere on the closing documents, you would need to get a power of attorney to allow someone else to sign on your behalf.

18 December 2024 | 5 replies
E government won’t use its ne found power to invalidate contracts to reward a bigger group of voters at the expense of a smaller group?

14 December 2024 | 4 replies
Two notes:1) The solar company may give you the best interest rate.2) If the power goes out, you still don’t have power if you have solar.

21 December 2024 | 14 replies
(in terms of pros and cons).You can also use rentals to provide additional borrowing power if your rental currently cashflows from a tax perspective.Hopefully that helps your scenario advance forward in terms of what to ask and think about.