Connor Williams
Lender to offer low financing for new construction builds?
12 December 2024 | 6 replies
The cost to do this just comes out of the total profit margin.
Gary Bonds
Funding From A Bank
11 December 2024 | 7 replies
Being that my business is brand new, do I project business profit when they ask for the annual business income?
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.
Max Nathan
How do I secure lending on down payment / construction costs
17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
Muhammad Kashif
Ways to optimize taxes on new investment construction (built for sale)
13 December 2024 | 4 replies
(I am a silent investor, the developer is doing all the heavy lifting, and we split profits at the end)
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Because of the balance sheet is off you can certainly bet that something is wrong with the profit loss statement.
Dustin Sanders
Any 10-15% DSCR Loans?
19 December 2024 | 26 replies
With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
Hello,I am wondering if anyone knows the answer to this, I am a Canadian citizen with many single family houses that I own in my Florida LLP, I am currently using the structure of paying taxes from the the profits from the LLP flow thru into my personal name, paying taxes in Florida and then having to pay the difference in taxes in Canada ( minus the amount I paid in Florida as a foreign tax credit).
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...
Caleb Johnson
Hard Money Lending Questions
20 December 2024 | 14 replies
Even if your GC is decent was able to get your job done in 100 days, if it doesn't resemble the comps in quality then your 300k exit is now 270k and with all the exit costs and holding costs your 40k expect profit is now under 10k.