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21 June 2014 | 3 replies
I don't know what that is, but simply plug your loan terms into any "loan amortization" calculator available through google search.
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24 March 2013 | 13 replies
I simply shrugged those statements off and kept doing some research and listened to the great podcast BP just put up about raising capital:http://www.biggerpockets.com/renewsblog/2013/01/31/raising-money-getting-started/I finally heard back from my RE attorney (who has already done PPM and reg d filings for himself and others and used to be a corp attorney) and got a price of $10k to setup the reg d offering.
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8 March 2013 | 12 replies
There are a few custom builders I know of in the area who I can talk to about it.J Scott right on, congrats on your team winning the big game (if you haven't become a Falcons fan, that is)... moving back to invest, to retire, or for some other reason?
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8 February 2013 | 6 replies
You and they will likely give a personal guarantee for any loan, so the difference will be in commercial lending guidlines.Since you are immediate family members, you'll be exempt from SEC fund raising issues as well as the SAFE Act if say your father makes you a loan personally if your home is included in all this.Yes, your LLC needs to be formed prior to purchase and applying for the loan, I suggest you spend a few bucks and see an attorney in setting this up, there are options and aspects of such an entity that simply are not contained in some internet LLC formoperating agreement.
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8 February 2013 | 7 replies
From the day I filied I got a court date 2.5 weeks later.For anything other then non payment it can be longer as there are many factors that come into play and things can get tricky, but for non payment it isw pretty straightforward.YOu will meet with a mediator before going in front of the Judge and if tenant cannot prove rent was paid you will win the judgement.
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8 February 2013 | 9 replies
. - If you do get one flip where the profit was $500 per hour simply because you spent less time, but the net profit was say $20k, unless you can consistently replicate that every single work week hour, it does not matter.I have spent only 2 months (includes time from acquisition date to sold date) on a flip and made $35k, but have spent 6 months and made $220k.
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8 February 2013 | 9 replies
Most wholesalers simply expect that the buyer will do his due diligence on his own.
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20 February 2013 | 13 replies
David, it has been a while since I created my account but I do not recall needing much, in fact I remember simply filling out the account document and being ready to go.
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8 February 2013 | 7 replies
Most agents do much more then simply place your property on the ML and then sit back waiting for it to sell.As Angie asked, how do you plan on placing them on the MLS yourself?
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30 May 2015 | 61 replies
It is my understanding they would not be able to open a Solo 401k.Correct, but like Chris stated, simply open one up and then roll it over.