Dominique Guinnane
Interest Rate Buydown vs. Sales Price Reduction
29 April 2024 | 23 replies
*WHEW* I know that was a lot but I hope that makes sense how I am describing it.
Don Konipol
Why I will no longer answer questions from the unknowledgeable
29 April 2024 | 113 replies
I think it starts with me setting the rules and the tone for bad practices in a general sense.
Peter Shah
Hold or Buy?
30 April 2024 | 6 replies
Unless you can get very favorable rate terms, It might make sense to wait.
Sarah Ali
Scared, Nervous and unsure how to start given tricky financial situation
1 May 2024 | 1 reply
Great thing about this business is even if you don't have the money to invest in deals yourself, there's other investors and lenders out there with money who need a place to put their capital for a sizable return.
Ayyoub Feza
Loan for second rental property
30 April 2024 | 37 replies
Also, Is that warehouse line of credit for one business you own?
Marius Fleischer
Convince me - first investment property!
2 May 2024 | 29 replies
That's what's beautiful about this business.
David Yandel
Buying in this current market
30 April 2024 | 3 replies
As the saying goes, the best time to buy real estate was 20 years ago, and the next best time is now… but with these interests rates I’m curious if it makes sense buying and then if they drop later refinancing to the lower rate, or just hold off purchasing until the rates (hopefully) come down a bit.
Robert Weissfeld
Denver: Looking to partner w/ builder; scrape & build spec house; hot area
30 April 2024 | 3 replies
My plan was to work with someone who has done similar homes in the area, if possible, who might come in with pre-approved or mostly ready-to-go building plans; no sense re-inventing the wheel.
Amir J Reichental
Which address to use when buying a property under LLC?
30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
Jessica Carcamo
Investing $55K need help getting started!
30 April 2024 | 43 replies
Absorb as much free knowledge as you can and find a strategy that makes the most sense for you.