6 March 2019 | 4 replies
Another option is to consider some form of seller/creative financing if you're not having much luck qualify for a commercial loan.
6 March 2019 | 5 replies
People don’t sue people that qualify for food stamps.
3 March 2019 | 2 replies
But he works under the table and has little income and would no longer qualify for a loan.
2 March 2019 | 2 replies
My understanding is it’s best to set up an LLC but we would not qualify for a mortgage as an LLC.
5 March 2019 | 79 replies
I don’t know your skill level or knowledge level to say should you do it or not, only you can figure that out but imo walk away and find another house.
3 March 2019 | 3 replies
I tried using virtual assistants but found they didn't have the skill set I required.
4 March 2019 | 4 replies
Can you qualify for that?
3 March 2019 | 2 replies
Consider whether they are even qualified to be your partner.
5 March 2019 | 11 replies
To get there, at a minimum you will have to:Repair the 11existing homes x $15k per home = $165kHunt down 7 used homes, transport, set up, make repairs x $25k per home = $175kSell all 18 homes to qualified tenants (you will likely have to carry paper on the homes, which will eventually return the capitalization above, but assume it will take 5 years or more)Repair the park infrastructure, roads, signage, the residence, landscaping, etc (let's assume you will spend at least $50k on this if you are lucky, though it could easily turn into a lot more) The bullet points above will likely take a couple years and it could take double that, depending on how aggressive you are, what the availability of good labor/contractors in Indy, and what kind of demand exists for that location.
3 March 2019 | 4 replies
The trip doesn't have to be "100% business" to qualify.