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1 June 2019 | 15 replies
This could be an issue if your money is tied up in a hard money loan or something similar.
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5 June 2019 | 9 replies
At the current moment I have 5 other properties (5 separate loans) with not much equity tied up in them since they were all purchased within the last 4 years.
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29 May 2019 | 0 replies
I'm licensed so I dont wholesale (can of worms no thanks) but I'm trying to find out if there are any options out there where I can try to get my foot in the door without waiting for that 100k.Some options ice been suggested:Lease to own (with option contract)Deferred ClosingSituations where I might be able to convince a seller to do this;Land development with a preexisting house, sellers may want rental income during the subdivision processWholesaler having no luck on a deal that doesnt pencil as a flip, but seller might consider a deferred closingProperty is tied up in probate
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31 May 2019 | 4 replies
It's good practice not to tie it to your name due to how easy it can be to find you and tie you to the LLC for any random person.If you operation grows and you start juggling LLCs, or a Series LLC, along with trusts and bank accounts than it is very important to set up a consistent criteria for naming LLCs.
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30 May 2019 | 2 replies
This is exactly why I do not not buy multi family homes. for the 131K tied up into 1 multi family home for 5 years.
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2 June 2019 | 3 replies
I hate the idea of waiting 4 years to get started, but I’m not sure I have a good alternative without tying up my capital or landing in a negative cash flow position on something more “move-in-ready”.
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2 June 2019 | 5 replies
So tying back directly to your question: you can create the LLC wherever you find most beneficial.
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2 June 2019 | 11 replies
Financing is tied to location of the property (demographics, traffic counts, income levels,population levels,etc.), strength of the borrower, and guarantor on the lease.Developers on new STNL projects for retail typically have a cap rate to cost of a 9.
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2 June 2019 | 29 replies
Also taped a funace type plastic drain hose to garden hose from dehumidifier and ran it directly into floor drain & zip tied it to drain.
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2 June 2019 | 27 replies
Depreciation and cash flow are not really tied to each other.