Nicholas Almgren
New investor starting with duplex househack
25 May 2016 | 11 replies
Banks will also start to provide special loans with reduced points as well.
Michael Davis
New Member from Buffalo, NY
24 May 2016 | 4 replies
I'd like to accomplish two things in these five years: generate some cash flow to supplement my reduced salary, and invest in my retirement.All advice is welcome.
Shaun Allison
Private Money with Self Directed
24 May 2016 | 19 replies
If the deal could be reduced to a loan, if you could decide what an acceptable rate of return (rather than a share of potential profits) it would be easy.
Greg Scully
In depth analysis scenarios.
22 May 2016 | 1 reply
Of course you cannot predict the future, but for planned activities that either significantly interrupt occupancy, reduce income or increase expenses there is potentially a need to show good cash flow projections.
Kenneth Cowan
How much $$$ to keep in reserves when starting out
23 May 2016 | 8 replies
Of course, the more the merrier in reserves, but anything over 6 months is excessive IMO and reduces your ability to take on new projects.A common mistake I see is buyers not putting the tax credit they received at closing into reserves.
Matthew Jones
1st Purchase solely for rental
23 May 2016 | 4 replies
I may be putting money in my pocket, but it will actually be put into a checking account earmarked solely for the property earning 2.5%.
Julius King
I HAVE A GOAL!!!
18 June 2016 | 9 replies
Get on title with them, earn your equity over time and buy them out down the road.
Mark Brogan
this is why you do NOT just put houses under contract
11 May 2017 | 42 replies
P.s I have a couple of good friends that wholesale and I have done some myself so I know title issues are part of the game and a good title company is a blessing and earn their pay on fixing title problems.Thank
Jason Faucher
Spec Home in Florida
24 May 2016 | 12 replies
It also sounds as though you did not do an LLC and choose to be treated as a Sub S corp, so the income will also come to you as Earned Income, and will also be subject to Self Employment Tax (although you might have already paid the maximum).I applaud your decision to set up some kind of system before you do anything like this again.
Marquest Page
Short Sale Flip Via Wholesale
23 May 2016 | 10 replies
I am still learning and it's great to earn while I am getting my education in this business.