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14 July 2024 | 5 replies
There is tons of information right here for free to help you find a market for your where the numbers work.
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12 July 2024 | 155 replies
Thank you for not gatekeeping information.
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15 July 2024 | 11 replies
Good chance you'll be like Michael Chang and make enough to purchase a substantial amount of real estate through the rental arbitrage method!
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14 July 2024 | 11 replies
Thank you for all this information I'm soaking in all in!!
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12 July 2024 | 8 replies
I have seen it extended with an LOE - letter of explanation as well.Make sure that you have all of the information on the renters like contact info, length of time renting units, pets, and on the walk through make sure the units are well kept if you plan on keeping renters.
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14 July 2024 | 3 replies
Here’s how the contract and assignment process typically works in wholesaling:Contract with Seller:You start by negotiating and signing a purchase agreement (contract) with the seller of the mobile home.
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14 July 2024 | 1 reply
In other words, you rollover traditional IRA funds into your solo 401K (which is allowed) and then use debt to help purchase a property.
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15 July 2024 | 3 replies
Person purchased a neglected facility using hard money.
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15 July 2024 | 8 replies
I think if you set up a brokerage account with the same bank that your business checking account for the LLC is at, you can simply move the money from the checking account into the brokerage account and then purchase something. like USFR, which pays 5.4% in T bills with zero risk of loss or BKN which pays 5.7% in tax free Municipal bonds if able to tolerate some risk (this gives me a >9% tax effective rate on my cash).
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12 July 2024 | 10 replies
Additionally, depending on how you plan on purchasing - most conventional lenders won't underwrite a purchase in the name of an LLC that has no income/history. 1.