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11 November 2018 | 1 reply
Not sure if it is a stable or well-used platform yet. multifamily.loans wants a financial statement from me before looking for loans for me.
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11 November 2018 | 2 replies
Lenders will look at your balance sheet, normally requiring a personal financial statement which includes all of your assets and liabilities.
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12 November 2018 | 2 replies
Specific advice: If you had 100k cash saved up today and you were a Newbie in Real Estate (with good risk tolerance, no kids or wife and in a safe financial situation where I can afford my basic needs and don't need to work for the next 3 months), how would you spend it?
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11 November 2018 | 3 replies
There shouldn’t be any extra charges for mobilization or other upfront costs since he is so far into the contract.If not, then having given proper notices and record retention is important in “termination for default”.Otherwise, you guys need to figure out how to agree to part company.
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10 December 2018 | 50 replies
While a few thousand in legal bills and fines allowed me to avoid having that appear on my record as a criminal conviction, it was a rather unpleasant experience and I lost a lot of sleep those weeks.
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12 November 2018 | 10 replies
Some relevant financials are below...any help from the crowd would be appreciated as if like to explore this and do a 1031 in two years.Current rent - $850 Current property value - $75kishNo current mortgage Located outside Houston and appreciating at around 4% a year If tenant moves I'd do maybe $20k in renovations to update kitchen, floorplan and exterior siding but house is functional
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11 November 2018 | 10 replies
@Jay Hinrichs they have not had an eviction but there was a bankruptcy just over 7 years ago so technically "off" the record now.
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15 November 2018 | 15 replies
Ultimately, financial freedom is the goal.
14 November 2018 | 7 replies
Most financial institutions provide this product and it's usually formed as a commercial loan.
14 July 2019 | 5 replies
I'm tired of this life and I want my financial freedom and my time for myself.