Frank Wolter
Out of State investors getting ripped off, heed these warnings!
25 October 2018 | 55 replies
So for guys and gals working these C class product taking all the risk to bring that product to the busy professional they deserve to make money .. and since many finance these properties they appraise out so whats the beef if a 3rd party appraiser hired by the bank says its worth 75k then there you go..
Eric Jones
Personal Funds into Rental Account
4 October 2018 | 5 replies
If IRS reconstructs your income with the bank statements, you need to have a audit trial of what all the money coming in are for.
Brian Kraft
Tapping Equity with DTI Hurdle
10 October 2018 | 6 replies
I have a few I use that like their money being deployed at rates higher than the .5% their bank was giving them.
Conrad Metzenberg
Our first Out Of State deal
11 October 2018 | 9 replies
I am always looking for network with peeps in SA and would love a wholesaler and/PM referral if you enjoyed working with them.
Henrietta M.
fastest investment strategy to make quickest money
14 October 2018 | 15 replies
Even if you miraculously pulled a deal out of a hat, found a buyer, and it actually closed, it would be weeks before you get paid from it.Outside of robbing a bank or selling drugs I can't think of a way to make $1500 that quickly.
Carmen G.
Buying a 2nd home and renting out 1st
9 October 2018 | 1 reply
DO NOT go to your local national bank such as Bank of America or Chase.
Mike Van Arsdale
Long Term Buy & Hold Portfolio Strategies
14 October 2018 | 9 replies
And/Or pile up all the cashflow into paying down Property One (12K + 4.5K + 5K + 12.5K = 34K) and you'll get it done after 3 years, and be able to get LOC on P1 and P3.Or in year 3, get a line of credit on P1 and P3 together, use a bit of balance to pay off the remainder of loan on P1, allowing the bank to move into first position.Keep in mind..."
Mo Farraj
With so much debt involved - when do rentals finally pay off?
11 October 2018 | 25 replies
You cash out to retire, like everyone else in the working world, and enjoy your serious years.
Joel Mattsson-Bozé
Plenty of money but no verifiable income
11 October 2018 | 5 replies
We have plenty of money in the bank from the sale of a home in CA.
Account Closed
Turn Key Type 1 vs Turn Key Type 2 - Be sure you know the Diff
11 April 2019 | 5 replies
Turn Key Type 1 vs Turn Key Type 2 1) Assumption: Turn Key – Type 1 Company Name Invests Mostly Passive Investment 2) Assumption: Turn Key - Type 2 Taking Property Subject To Mostly Passive Investment Assumption: Investor has to get financing from a bank or from Turn Key company Or Invests $80,000 cash Requires $16,000 cash plus closing costs Assumption: Investor takes over seller’s loan (Subject To or Wrap) and does not have to get financing from a bank or from Turn Key company.