
15 April 2024 | 8 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

16 April 2024 | 7 replies
Am I frantically redoing my taxes to account for depreciation or am I in the clear (I don't think I am)???

13 April 2024 | 3 replies
Has anyone personally used credit cards to purchase real estate?

16 April 2024 | 7 replies
There are a lot more details here, so consult your accountant before making any decisions.

16 April 2024 | 5 replies
Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!

16 April 2024 | 2 replies
I would highly recommend having a real estate accountant look this one over in depth.

17 April 2024 | 34 replies
There are no real wholesalers in the group, and very few people doing free and clear transactions, at least that I know of, and the average level of the knowledge about real estate of any of those "Bid Dogs" attending the masterminds is very low, or almost non existent, as most of them are new members.Phil preaches that they are experts because the know just a little be more about real estate investment than the average guy, but the reality is that is all smoke and mirrors, and they feed and prey upon people expectations to improve their lives, creating false expectations about people being able to make money the easy way, with no credit or money to start with.

15 April 2024 | 6 replies
I am a 16 year old planning to form an LLC under my parents name in order to qualify for business credit to cover the down payment on my first investment property I will also pair the business credit I am able to qualify for with cash and refinance to pay off the down payment when the interest starts to kick in but I am wondering if when applying for a FHA loan on an investment property if they require income to qualify or if they will accept it because I will be renting and covering the mortgage with the rent and how that all works when qualifying and if this is even possible.

17 April 2024 | 17 replies
[Copied from my post in "General Real Estate Investing"]FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property (off-market value-add duplex in my market).I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan.

16 April 2024 | 11 replies
Everyone will have a favorite structure and attorneys and accountants will tell you different things.