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4 March 2024 | 17 replies
I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan because the LLC does not have credit history?
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4 March 2024 | 3 replies
At this point the value of the house is still increasing but not at the same rate as the previous years for a number of obvious reasons (high Interest rates, age of house, etc.) and at this point I'm not sure what my next move should be since I don't like having all that equity tied up in the property and borrowing against it (HELOC) doesn't seem like a good idea since banks seem to be charging even higher than "normal" interest rates because the house is not my primary residenceIt's been almost 2 yrs since a I moved out of the house and I know my time is running out before we'll have to pay capital gains on the property if we chose to sell it [unless I do a 1031 exchange of course] but wondering what other options I might consider.
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4 March 2024 | 6 replies
Anyone has been to Jack Bosch Land flipping course?
5 March 2024 | 26 replies
This strategy allows investors to start building equity and cash flow while minimizing personal living expenses.Networking and Education: Many investors begin by attending real estate networking events, joining investment groups, or taking educational courses to learn about different investment strategies and opportunities.Creative Financing: Some investors explore creative financing options, such as seller financing, private lending, or using retirement funds for real estate investments.Turnkey Properties: Investing in turnkey properties can be a straightforward way for new investors to enter the market.
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4 March 2024 | 8 replies
I’m reading about how people are spending thousands and thousands and thousands of dollars on courses are you kidding me?
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4 March 2024 | 9 replies
In the meantime continue saving more money and make sure you are using your credit meaning make sure you have a credit score because when you actually begin applying that's an important part of the process so that lenders can see you are responsible at paying off any debt.
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4 March 2024 | 6 replies
To find a relationship lender, call or visit the small local community banks and credit unions near the property.
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5 March 2024 | 10 replies
You still need to follow local codes of course.
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4 March 2024 | 8 replies
Looking at business line of credit and other options to get across the finish line, and backfill the raise.Attached is the pitch deck.