Mike Landry
rich dad seminar/conference
14 November 2014 | 16 replies
Not to mention that some of the coaches encouraged attendees to raise their credit card limits to the point where they could afford the sometimes 40k+ price tag!
Santiago Castillo
New Motivated Broker and Investor in Colorado
6 June 2014 | 4 replies
I am 24 years old and was born and raised in Denver, Colorado.
Account Closed
New to raising $ side of REI.
10 June 2014 | 5 replies
Filling the spot we left should be as simple as handing the new person the guide we have wrote and over seeing.Our numbers are fantastic when it comes to cash flow / ROI ( not a surprise when you buy cash and do all the work yourself)Now the issue, Buying these houses all cash, I have not forced my self to understand leverage, financing, and all aspects of raising capital creatively.
Devan R.
New Construction - Home Inspection/Final Walk Through
7 June 2014 | 3 replies
I bet the builder choose the inspector, and if they did it would raise a red flag.
Brandon Nappi
Thoughts on my exit strategy?
9 June 2014 | 3 replies
So, let's say we only want to take $50,000 out:Our new loan amount would be the $50,000 we cash-out + the $73,890 of our initial loan = $123,890This would raise our monthly payments of PITI by $295, from $829 to $1123, but we should still be cash flowing a few hundred dollars per month as expected rents are from $1500-$1700.
Sam Abe
Charge based on number of Occupants
9 June 2014 | 11 replies
Mine does not so we multiply the bedroom count by 2 to get max occupancy.If you feel you need to offer below market rent at this time, reevaluate and raise rent to or closer to market in a year, but not based on who moves in.
Joshua Andrews
OPM & Notes
19 November 2014 | 7 replies
Depending on total capital raise their may be audit requirements.
Zack Parker
Newbie in Culver City, CA
9 June 2014 | 17 replies
Good luck with your multifamily search and another avenue you could look at is raising money from investors and buying a multifamily together.
Eduardo A.
First Solo Flip & I'm In Trouble
10 June 2014 | 9 replies
They driveway has to go from the street to the garage floor, and you can't lower the home or raise the street.I have had several rental inquiries and I am willing to do that, but I couldn't get refinancing.
Account Closed
Financing 2nd property with less than 20% down. Suggestions?
15 January 2015 | 2 replies
I have about 5% equity in it.Goal: get the next 2-4 family .Original plan: improve, raise rents and refinance to 20% equity conventional loan and hopefully get some cash out to use as down payment on next one.I bought a duplex with rents that were waaaay too low and had to finish rehabbing one side.