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27 July 2020 | 11 replies
No one knows if there will be any subsequent additional extra unemployment but it appears there will definitely be a period without additional extra unemployment.
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23 July 2020 | 0 replies
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors.
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23 July 2020 | 2 replies
So I advance the first draw based on what the contract calls for for the items he says will be completed with that draw.
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25 July 2020 | 10 replies
Just fix it and move on.True was thinking the same, it just brought up the concept in my head like where do we draw the line?
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29 July 2020 | 7 replies
What would the typical cost be for an architect to draw up plans for a permit (3family home - 2500sq ft total)?
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29 September 2020 | 9 replies
You aren’t taking a “salary” from the LLC ... you don’t have to worry about “leaving” money with your company.You move money between accounts, you either take an “owner’s draw” to move funds to your personal account or a “contribution” to move funds to the LLC account.
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29 July 2020 | 9 replies
When we draw down the line of credit, we always work to pay it back as quickly as possible to avoid paying too much interest, and to have the line available to us if we find another investment we want to make.
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26 July 2020 | 26 replies
In subsequent years, they can then increase the amount by the rate of inflation.
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29 July 2020 | 9 replies
Assuming the parties agree to the terms, the Transaction Coordinator can draw up the paperwork and get everything going in the right direction.
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26 July 2020 | 4 replies
., you do need equity of 25-40% higher with less experience, and to elaborate on the financing terms from the Hard Money Lender, they’ll generally charge “points” percentage points on the entire loan, say 3% upfront and then interest on the money as you draw it out.