Richard Pennington
Purchasing a townhome
29 February 2024 | 6 replies
So me and my future wife have seen hours of videos on the BRRR method, ADUs, cash on cash returns, and utilizing the way of adding equity into a home.
Zachary Cain Humphrey
Using a HELOC to purchase land for ground up construction cabin project
1 March 2024 | 1 reply
Your basically cross-collateralizing the purchase of the land with your home, and then using the "free and clear" land as your equity down for the construction loan.
Phillip Behrens
Transfer title of properties to LLC in PA
2 March 2024 | 16 replies
I have moved a few from personal to LLC, first I refinanced them into my LLC then used my attorney to transfer the title.If you have any further questions feel free to reach out.
Joe Gee
Phil Pustejovsky / Freedom Mentor Experience (a joke)
29 February 2024 | 6 replies
Hi, All:I know this has been addressed in the past but I wanted to share my experience and get some feedback on others' interactions with Freedom Mentor.I've been seeking a mentor in REI for a while and have been watching Phil's videos on YouTube for years so I sought his 'mentorship' via his Freedom Mentor Program.
Michael Keffer
Bluffton vs. Beaufort?
2 March 2024 | 9 replies
Feel free to message me with any questions, or if you'd like to shoot me your email address I can forward you some resources.
Evan Greenfield
Jacksonville Florida Anyone?
2 March 2024 | 23 replies
If you’re looking for an awesome realtor or any additional information feel free to message me!
Mohamed Siblini
New Member - Looking to learn and give!
1 March 2024 | 2 replies
Feel free to share your insights, ask questions and connect with other members.
Josh Haney
Real Estate license and how it relates to personal investments
3 March 2024 | 36 replies
I believe a good listing agent will be able to sell my real estate for a value that is at least 2.5% more than I can (and frees up time for me to focus on what I excel at).
Charles Adams
LLC vs Personal Ownership?
1 March 2024 | 31 replies
Feel free to DM me if you have any more questions!
Tony Pellettieri
Loan product to avoid impending failure??
1 March 2024 | 15 replies
Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans.