30 November 2017 | 1 reply
Nice post there was a thread on Do hard money actually been many of them. they will actually fund 100% but you need to pay them a 3k fee or there about up front with no guarantee of funding then its something like 650 per submission according to those who have tried it and posted on BP .. so many of the folks posting on the thread about the company paid the up front money 2 to 3k the 650 submission fees a few times and the deals were never good enough in the eyes of the funding company.. so there you go out 3 to 4k and time and effort.. some on top of it some were naïve enough to put down non refundable EM with a wholesaler and lost that as well.its quite a model... little to no down side risk and prey on newbies who are the most vulnerable and want to get into the game and I suspect most of them even pull the 2 to 3k fee off of credit cards.So what do you have1. newbie ( does not really know what a deal is yet2. limited capital but burning desire so they risk the 2 to 3k3. only a screaming deal gets funded as you stated.. newbies generally don't fall off the truck into screaming deals.then you have on the internet what I call pump and dump due diligence scammers these are flat out crooks of the Nigerian prince scam mode.. promise you 3% loan 100% two e mails and your approved.. broken English just need 500.00 to move forward...
1 December 2017 | 21 replies
You MUST hire someone else to pull the permit for the legal entity...and usually, there is an upcharge by the contractor for this process.Just some food for thought....
2 December 2017 | 9 replies
If I hit $7k per unit in the bank and the properties stable, the rest can be overflowed to principle or saved for a future down payment.Just some food for thought.
2 December 2017 | 2 replies
Just want money to cover my truck payment and insurance..lolI believe that I have all my ducks in a row and hopefully this will bring me to purchasing a second house I have my eye on for my family!
10 December 2017 | 8 replies
Some examples of exchangeable personal property could be business assets, aircraft, artwork, coin collections, construction equipment, and fleets of autos or trucks.
9 January 2018 | 6 replies
Portland is a fantastic little city that consistently ranks high in quality of life and quality of food.
10 December 2017 | 7 replies
A Special Administrator is appointed to serve in an interim/limited capacity when there are matters needing immediate attention such as an ongoing business (mom & pop store, trucking/towing business, etc.,) or if the decedent's house is in foreclosure or facing foreclosure sale very soon.It is impossible to specify the best time to contact an executor/administrator!
5 January 2018 | 13 replies
***Food for thought: if you want to grow in the future using house hacking and eventually buy a duplex, tri, or quad, you might want to consider starting with a multifamily as your first purchase b/c, when applying in the future for owner occupied loans, you'll have to convince the mortgage company that you will indeed owner occupy and they're skeptical about borrowers that are going from single family houses to multifamily houses.
15 December 2017 | 11 replies
I called Best Buy, and they had someone come pick it up, and sent us a check for the entire cost of the purchase AND the value of the food that was inside the freezer that went bad as a result.
17 December 2017 | 15 replies
If you go to an HML without one, you look like you just fell of the turnip truck.