16 October 2018 | 3 replies
@Davey DavanoskiYou can have all the rental payments go to your personal savings or checking accounts, or for the purposes of easy bookeeping, you can also setup a checking account for the LLC and have everything go in there.Then sweep out owner funds each money to your personal account when needed.But, that is just for bookeeping purposes.
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28 July 2019 | 10 replies
Hey all, new member here.Doing BRRRR in Ontario, have four small multi-family (2 duplex and 2 triplex) so far.It looks like I'm going to run into an issue with getting bank mortgages soon. They are complaining that I ...
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5 November 2018 | 18 replies
The deals are there in the beginning for displaced, panicked and uninsured people FSBO because they have no emergency fund to pay for rent and a mortgage.
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15 October 2018 | 17 replies
Have your attorney draw up the paperwork and hold back a large portion of seller's funds in the attorney's escrow account until he's out.
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16 October 2018 | 12 replies
I won’t get into too many details here, but the reality is hedge funds spend millions per year buying algorithms that exploit a market inefficiency that only exists for a couple of weeks and then it’s gone.
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16 October 2018 | 10 replies
You will pay an increased funding fee due to the subsequent VA loan, but you still don't pay a down payment, etc.....Although I am pretty savy, I am still not an expert so do all your research etc..
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29 October 2018 | 6 replies
Solo 401ks allow you to hold Roth 401k funds and still leave the option of transferring assets to a Roth IRA.
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16 October 2018 | 1 reply
I found a nice triplex I want to look at that looks promising. I am planning to use my va loan and live in one unit and rent the other two. However when my agent contacted the owner for a viewing the owner says that h...
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8 October 2020 | 26 replies
Honestly, I think it's tough to make the numbers work unless its a $10mm project that you can qualify for a HUD construction loan at 85% LTV 40 years fixed.
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21 October 2018 | 10 replies
If I'm trying to purchase a specific commercial property, I've seen that one method of raising funds could be a syndicate.