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29 February 2024 | 3 replies
👋In the last couple of weeks, I've officially started my multi-family house hacking journey.
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26 February 2024 | 7 replies
That's less than what she has payed over the last 2 years...
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29 February 2024 | 6 replies
Last, but not least, I was told that Phil is a Christian and a man of God and that he truly wants what’s best for me and to help me because he and I are brothers/God’s children and God is calling Phil to help me.
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29 February 2024 | 6 replies
I joined last year during the middle of a long 2.5 years divorce.
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1 March 2024 | 40 replies
Typically the maximum loan is the lesser of $50,000 minus your highest out standing balance in the last 12 months or 50% of your vested account balance. Â
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29 February 2024 | 21 replies
Yeah that would be crazy that makes sense.. as others have mentioned in your scenario owner carry to me is last resort give it 90 days at least.Â
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29 February 2024 | 18 replies
Lastly, I'm not on here to talk trash about WealthAbility and their so-called managers, but instead IÂ am sharing my unedited honest experience in hopes of helping my BP community from committing the same $25k mistake I made.
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1 March 2024 | 19 replies
I know some who started their own gig in last three years but have been around for 30 and put a team around them with other experienced operating experience, thus IÂ would invest with them 10/10 times than the person who graduated college five years ago and is already doing syndications.The next few years are gonna remind me of the scene from the big short when he is with the stripper and she is talking about her five homes.
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1 March 2024 | 31 replies
The only people I've seen successfully sued for large sums are the really bad people.I don't know if I posted in that discussion four months ago, but IÂ have posted similar questions over the last 14 years and can't recall anyone saying they lost a home because of a lawsuit.Here's my generic LLC advice:An LLC is useful for two things: anonymity and legal protection.
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29 February 2024 | 9 replies
Since last year of November, Fannie and Freddie has allowed borrowers to put min 5% down for conventional loans and being able to invest multifamily up to 4units.Also, the beauty of FHA is that it allows you to put 3.5% down payment to invest in 1-4 units.