9 March 2016 | 14 replies
You need a competent CPA that is willing to advise you on this, it doesn't make sense for everyone.
6 November 2022 | 2 replies
Currently, all deals are in Dallas, and based on our current legal advice, we have been advised that we are to set up a new llc for every deal.
1 August 2022 | 6 replies
If you are just starting out I advise you to start strong!
1 July 2021 | 2 replies
@Davido Davido thanks for the advise.
30 June 2021 | 4 replies
You can do this in your own name, no company needed.If you want to start doing it for other people then you need a salesperson or brokerage license.If you want to complicate things and spend more money then of course you can hire an attorney and an accountant to advise you on your goals of starting a company.
24 August 2021 | 7 replies
I have not had issue with self sufficiency though as can use high projected rents that newly rehabbed units are going for.NOTE: Experienced realtors who have other options for buyers will advise their client NOT to accept your offer when FHA 203K vs a similar priced Conventional offer as the 203K has a significantly higher chance of not closing due to budget too high, etc. so you may have to offer stronger then normal to get these 203K offers accepted, especially in this market.
19 August 2021 | 7 replies
I need some advise - I am currently in transaction (all contingencies removed) for a property.
21 March 2022 | 0 replies
Looking for advise on lender (private,crowfunding, or hard money) and types of loans that might fit my personal interestBarndo on 40 acres (Texas)I have paid out of pocket for the metal barndo shell ($72K) and need a loan to finance the rest of the project:septicH/ACelectricinsulationframing interior/sheetrockI am looking for a loan around $55,000 to $60,000Value of my finished home and land : $485 to $500KI have a loan on the land at $88k and the value of it is $340kI had to put some of the project on credit cards so the loan I need is to finish out and pay off some of the construction on the credit cards.Any advise---my credit went down since putting some of the construction on credit cards
21 March 2022 | 0 replies
Looking for advise on lender (private,crowfunding, or hard money) and types of loans that might fit my personal interestBarndo on 40 acres (Texas)I have paid out of pocket for the metal barndo shell ($72K) and need a loan to finance the rest of the project:septicH/ACelectricinsulationframing interior/sheetrockI am looking for a loan around $55,000 to $60,000Value of my finished home and land : $485 to $500KI have a loan on the land at $88k and the value of it is $340kI had to put some of the project on credit cards so the loan I need is to finish out and pay off some of the construction on the credit cards.Any advise---my credit went down since putting some of the construction on credit cardsDallas, Texas