15 November 2018 | 6 replies
I think all will get you in the door, it's really up to you to match the path with your personality and goals.1.
11 January 2016 | 11 replies
By trade he is a lawyer and as our HOA president who has pissed off a lot of people I have seen him at HOA meetings very quickly go from straightforward businessman speak to completely defensive (and passive/aggressive) lawyer speak.
18 January 2016 | 34 replies
No criminal charges occurred, and the lender did not even file for any deficiency judgment....... we don't know yet if the lender will seek a deficiency as they do have a statute of limitations. ...In PA, the statute allows 6 months (or is it 180 days - oh well, close enough) to file for the deficiency judgment - and since no deficiency was filed, she did get away with it from that perspective.
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16 January 2016 | 16 replies
(disclosure from me as well...I can make referral fees from turnkey companies I recommend)There are some turnkeys in PA. The
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10 January 2016 | 5 replies
For your first four properties (could be more, depending on specifics) you have to decide which path to take.Personal name and financingOpen to personal liabilityLower ratesHigher LTV (as much as 95%)Personal DTI importantProperty performance less importantReach mortgage caps quicklyCommercial financing in company nameLimits personal liabilityHigher rate (about 1% higher right now)70-80% LTVNo mortgage capsProperty performance more importantPersonal DTI less importantMost likely will still need to personally guarantee loanThe commercial loans are actually easier to process in most cases.
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13 January 2016 | 7 replies
If you are overwhelmed, might I suggest sitting down an writing a business plan to give yourself a path to navigate and stick to.
15 January 2016 | 4 replies
Ask the right questions in the forums and learn from the experiences of other Investors that have walked the path you are headed towards!
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9 November 2015 | 2 replies
I look forward to expanding my knowledge of this career path.
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9 November 2015 | 7 replies
Hey everyone, My name is Tom Johnson from Indianapolis, Indiana and I am getting started through the same path it looks that most beginners follow, Wholesale to rehab and/or buy and hold.
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20 May 2016 | 6 replies
We're thinking along the same basic lines...just different paths.