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22 October 2015 | 18 replies
I'm currently in the "education" phase and looking to establish a solid business plan/strategy for flipping and buying/hold properties.
31 August 2015 | 0 replies
I was going to transfer my Individual 401k (currently with Schwab) to a Self-Directed Solo 401k with Provident Trust using them as the Custodian ($495/year) and then also establishing an LLC to which funds would be transferred and controlled.
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31 August 2015 | 3 replies
So,What type of business entity should I establish for my RE investing business?
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31 August 2015 | 6 replies
As I have not started yet, I want to believe I can establish relationships that I trust, I guess my question was, am I being naive in thinking that?
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27 September 2015 | 12 replies
It's almost a guarantee that the lender is going to require that it be a SPE so having it established isn't going to hurt you.At your level, you, and any other guarantors, will be the ones underwritten on the guarantor side of the loan since you will almost certainly be looking at a recourse loan.
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2 September 2015 | 10 replies
You can go out a rent yourself, and your rental will still count as a rental.If you are moving to Florida for a valid reason (new job, new business, be closer to parents, etc.) and can establish that this is not a strategic "move" (your child is enrolled in local school) you can buy a property in Florida as your primary residence.The rent credit will depend on your experience as a landlord and LTV of the outstanding loan.Hope this helps.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243
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1 September 2015 | 2 replies
What you might credit a buyer with is not necessarily what lender will credit them with and then they are short on the down payment they thought they established.
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28 February 2019 | 20 replies
If the property owner has a maintenance crew and/or contractors that he/she have an establish relationship with; my company would directly notified that person with service request as well as the tenant follow up for direct feedback.
3 September 2015 | 18 replies
After they get established and start networking they ay receive deals from a number of places.
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2 September 2015 | 14 replies
I believe this is because they haven't established their personal goals.