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16 October 2021 | 3 replies
.):- 640 minimum credit score- At least 2 real estate investment transactions completed in the last 36 months (rentals, flips, construction)- Line of credit must be issued under a business entity (LLC, trust, corp, etc.)- Cannot be delinquent on any current mortgage obligations- Cannot be recently emerging from or entering bankruptcy- Must be a U.S.
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15 October 2021 | 0 replies
I'm not used to things being easy especially because of my first and favorite sport Boxing, when you're in that ring you have to learn quick and adjust accordingly ( trust me my resting weight is 170lb so at least for me it's rare that I spar someone at the same weight usually their lighter which means faster, or heavier which means stronger ), that being said i'm also not used to things being handed to me, but recently i've been blessed with the opportunity to receive 100% funding on my next Fix and Flip deal.
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15 October 2021 | 8 replies
Notify the title company if you want their counsel to draft the deed, note and deed of trust.
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19 October 2021 | 6 replies
If you do a quit claim deed, unless your title insurance specifically allows it, you will have no more recourse as the LLC won't be able to turn against you as you made no warranty that the title was clear.Last but not least, in Florida we have a great land trust statute.
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19 October 2021 | 21 replies
I'm too empathetic and forgiving and trusting.
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18 October 2021 | 5 replies
Would owning CRE or non-commercial RE using a trust or LLC be beneficial to my situation knowing I want to get a good rate as much as I can for the primary home mortgage?
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18 October 2021 | 33 replies
I share referrals among people that I know well and trust.
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26 June 2022 | 6 replies
Internal Revenue Code 453 aka DST NOT Delware BUT Deferred Sales Trust are a great way to avoid the warnings and everyone steering you towards 1031s during a rising market where you'll probably end up overpaying.But good luck finding someone with a track record of 453 DSTs.I'm looking/researching hard and you can start withbrett with capitalgainstaxsolutions.com on YouTubeHope this helps you save MILLIONS in taxesby providing wealth through TRUEpassive income :)
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3 November 2021 | 4 replies
While you are the trustee, everything you do should be an arms length transaction that should be benefiting solely the trust and not benefit you.
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25 October 2021 | 10 replies
@Logan Murdock the agent would be filling the gap with tried and trusted recommendations for members of that team.Regarding the returns, yes, that's correct.