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21 October 2018 | 5 replies
If you know of the odd 'winterizing' company that do it for banks etc they can notify you.
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22 October 2018 | 13 replies
Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!
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22 October 2018 | 15 replies
Do we need to form an LLC together, should we open a joint bank account together etc????
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23 October 2018 | 13 replies
My only real reason for wanting to move my property into an LLC would be to show a bank that a newly formed business has an asset worth as much as the house.
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22 October 2018 | 8 replies
In almost 30 years I have always used a TREC contract or in most cases the contract the bank, HUD, VA or FNMA requires.
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24 November 2018 | 8 replies
I am looking to buy my first small multifamily property and am wondering what local banks or lenders you have had good experiences with?
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26 October 2018 | 4 replies
My ego enjoyed that I could say I owned this home sub 2, checking that and focusing on the financials and where I could move these funds for better use was important to allow a well thought out decision and plan.Selling the deal: By late summer I felt the market was slowing down and I was getting nervous.
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11 November 2018 | 7 replies
If not sold at the auction, bank buys back the property.
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16 September 2018 | 1 reply
If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)
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11 September 2018 | 2 replies
I have money in savings that I can use as down payment, but with not showing much income right now, will a bank approve me?