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6 September 2018 | 3 replies
@Nicole Heasley The more times you go through the process the easier it will be to know what banks want to see but in general, A personal financial statement (list of debts and assets--shows net worth), a summary of your current cash flows (shows where your money comes from and goes to AKA a global cash flow statement), tax returns (for non commercial loans), a bio (tells about you and your team), a deal summary (info about the current deal) and maybe a summary of prior deals that are similar that you have done
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26 August 2018 | 10 replies
As a bonus, you can take the opportunity to build your team and vet a decent real estate agent.
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20 February 2020 | 22 replies
Please message me with contact information I can pass along to the investigative team there.
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25 August 2018 | 2 replies
Then I'll continue to work on deals in this area, building my rental real estate empire (through the BRRR method once I learn more about it).After I've got my feet under me and feel good about spotting deals and setting up the right teams of contractors and property managers, I plan to go back to work in my field and continue to tuck deals away with my salary.
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28 August 2018 | 12 replies
It may be closer to $425k purchase price, but your return is going to be much stronger and you have the 25% down required.
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27 August 2018 | 5 replies
I have my team in place but I don't know if I need more insurance.
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29 August 2018 | 2 replies
I'm going to buy a rental property in the Raleigh area this year and wanting to get a good CPA on my team.
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25 August 2018 | 3 replies
A refinance will allow you to know exactly how much money you'll be getting for the mortgage (traditional mortgage may have a lender decide the property you want to buy is not worth it and they will not give you as much as you had been preapproved for), and it gives you a much stronger offer in a sellers market.Being able to make an offer subject free can usually beat out any other offer with subjects and can also give you leverage in negotiations during a hot market.
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30 November 2021 | 2 replies
I have a full time job so it’s hard to get out to properties so I’m looking to build a team to help me out.