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20 May 2024 | 8 replies
It also stays off of your personal credit/DTI which will help you as you live your life outside of these properties.Those will be a specific set of lenders that you will want to look into as many of them have different requirements that you would have to adhere to, but overall much more of a simpler process than your conventional lenders, while being a couple of points higher in processing.
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22 May 2024 | 2 replies
But would love to chat and connect and build a team of amazing people who are dedicated to growing not only professionally but personally as well.
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22 May 2024 | 5 replies
This lack of oversight allowed Schwartz to misappropriate nearly all the investor money, using it for personal expenses and risky stock tradesI am not familiar with Yield Street, but many of these platforms are questionable and you need to look into the operator.
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20 May 2024 | 12 replies
As expected, I had to personally guarantee the loan but it's now in my business name and reporting to my business credit.
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23 May 2024 | 80 replies
Originally posted by @Lucas Carl:@Julie McCoy I’m glad this person is getting smoked.
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22 May 2024 | 2 replies
Its the same process as if you were using a bank but the money is coming from another entity or person and not a bank.
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23 May 2024 | 6 replies
I have almost 400 units and we average about 40% turnover per year.Based on personal experience and networking with thousands of investors and property managers for the last 15 years, tenants tend to stay longer when they are (a) way below market rates, or (b) poorly supervised.
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21 May 2024 | 138 replies
Both an IRA and 401k can leverage with a mortgage, so long as the mortgage is non-recourse - meaning no personal guarantee from you.
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22 May 2024 | 18 replies
Personally, I love gas stoves.
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21 May 2024 | 34 replies
(This is obviously a simplification; one must consider risk, personal comfort, ability to manage, etc.).The wealth builder should always consider selling or trading his property for a property that will increase his net worth FASTER.