Bryan Hancock
Passive Investors - Who Would You Want Negotiating Your Workouts?
13 August 2015 | 0 replies
Our funding portal is working through the final legal items for doing debt projects that can later be sold to the crowd.
Nat C.
Advice needed for obtaining a loan
15 August 2015 | 2 replies
Problems I have include, not having a SSN and no credit history.I have no debts and I've never borrowed money before.My apologies in advance if I seem naive on this subject.
Roc Pilon
What are the actual documents you MUST have when going to speak with a bank/lender?
15 August 2015 | 4 replies
It may help your cause if you have an idea of what they might want, like;2 years of tax formsDefinitely, personal balance sheet, or called an individual financial statement, where you fill out what your assets and debts are, loan balances on properties, market value of properties, car loans or free & clear, bank balances, life insurance, etcProfit & loss statements, perhaps a portfolio of your properties (before/after)Last 2 pay stubs, if you have a jobJust a conversation about what you've done, what you want to do, etc.
Jon Q.
Have a good yellow letter you're willing to share?
15 August 2015 | 25 replies
Jon don't think 100 dollars worth of letters will do much.you have raw newbies who know no better going into debt thousands to send these letters and never make a deal.. same people rip gurus for over charging or mentors for charging.
Jacob Dame
How People Acquire Over 10 Properties a Year
16 August 2015 | 9 replies
Good thing I'm not in debt and am single.
Patrick Toy
New investor
16 August 2015 | 7 replies
I wouldn't think a new SFR would cover the debt service on the property.
Jeremiah H.
Not sure what to do with a house with equity and need advice
17 August 2015 | 56 replies
Though it diminishes in importance as you grow your business, not having the third makes it very difficult for newbies to start out.How much money you put down affects your debt payments and therefore your cash flow.
Nate B.
Take the money and run or in it for the long haul???
17 August 2015 | 10 replies
@Nate B.Does your $700-$900 net income projection include your debt service?
Aron Cohen
Quitting full time job to do real estate full time
16 August 2015 | 1 reply
When you can afford to not have a paycheck for 3-12 months and it not bring your entire house of cards downI've been full-time for 2yrs but I live in a duplex, have no debt except student loans, and spent years honing my craft at living below the poverty so can easily survive leaner times if they occur.
Robert Gailie
Need help!
17 August 2015 | 4 replies
You can have as many mortgages as your debt to equity and income will allow.