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2 November 2017 | 11 replies
I feel this strategy will work best for me since I can continue to recycle my initial working capital over and over again which will allow me to scale quicker.The end goal is to have a large cash flowing portfolio which I'm prepared to work full-time at to ensure that I succeed.
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1 November 2017 | 7 replies
People who hold large sums of cash outside the bank generally do so for the purpose of tax evasion.
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2 November 2017 | 9 replies
It says that in order to get ahead in the Real Estate game and be able to scale quicker than just by saving new deposits every time, you should look at paying no more than 70% what sold comps are going for - and that includes your anticipated rehab and holding costs before renting it out (or selling it).
6 December 2017 | 6 replies
I am gearing up to close on another deal, this time using private lenders to provide a large portion of the down payment.
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16 November 2017 | 15 replies
Its a commercial property it's like one unit , one very large unit it would be great for a bank or fast food restaurant with drive-thru.
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26 November 2019 | 23 replies
Taking a large distribution from an IRA - inherited or otherwise - creates a significant tax liability.If the purpose of the property is purely investment, then it will be best to make that investment within the existing IRA umbrella.An inherited IRA can be converted to self-directed format.
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3 November 2017 | 11 replies
I used the VA loan which was a pretty large advantage.
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2 November 2017 | 0 replies
I have the opportunity to join a large national firm (SVN) or a small boutique firm where I would be jack of all trades.
3 November 2017 | 4 replies
We think we can get a large chunk of our money back as a down payment and then the 15 year note will be close to what we could rent it for.
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3 December 2017 | 152 replies
Beating out large metro cities such as Los Angeles, New York, San Francisco, Houston, etc.