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9 May 2024 | 4 replies
Most work this way BTW Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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8 May 2024 | 1 reply
Careful in IB.....I used to have a business there and learned about good ole IB. it keeps creeping up the social ladder, but IB will always be IB.
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10 May 2024 | 36 replies
According to my notes, we had a property under contract in December of 2018 and once the inspections were completed, you chose to back out because there was too many repairs and the numbers didn’t work for you and your business model.
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8 May 2024 | 9 replies
Amazon Amex - 5% back on all purchases on AmazonFidelity Visa - 2% back on all purchases dropped into my brokerage accountAmex Business Platinum - Points.
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7 May 2024 | 12 replies
What are some tips on what type of property to acquire and renovate that is likely to sell faster?
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7 May 2024 | 1 reply
Hello all, I acquired a property remotely thru the online tax lien sale in Lake county Gary IN last spring and successfully redeemed it.
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8 May 2024 | 0 replies
Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my Schedule E, why would they need my Schedule E for the loan?
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8 May 2024 | 8 replies
The way to do this is to purchase the Plus subscription of QBO and use the Business field for each of the different LLCs and the class field for each property.
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9 May 2024 | 6 replies
My business partner at my ad agency was also the marketing director for cardone training technologies.
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8 May 2024 | 9 replies
I consider myself small potatoes in terms of property management: I just got my first two units in March and I am technically a property manager in that I am managing my properties that I bought; I haven't yet worked with clients or made business arrangements outside of my own interests.