Just formed my C Corp via mysolo401k.net. Company will be funded by next week, and I'll be looking at investments (I currently invest now with personal money). Would appreciate hearing from NJ CPA's who are familiar w...
Hi everyone I have just acquired a personal money investor and we are looking to flip some homes here in Sacramento, CA. I would also like to do some wholesaling to build up my own personal capitol. Do we need to form...
What solutions do you suggest?1. A lender included $200K of FF&E (furniture, equipments) in a real estate loan2. Lender wants buyer to show paid invoices BEFORE closing, and to then disburse the funds to the buyer...
Investment Info:
Single-family residence fix & flip investment in Culver City.
Purchase price: $1,150,000
Cash invested: $500,000
Sale price: $1,750,000
We bought a house in the Hills above C...
Hi everyone, I was wondering if anyone could give me some information. I know there are several ways to fund flips, hard money, crowdfunding, personal money, investor, etc. I was wondering if anyone had any thoughts o...
I wanted to use this forum to take the opportunity to find out from professionals how they keep track of Budgeting their money. This can range from how you budget your personal money to save for your first property (...
How would owner's investments affect the cash flow statement in the banks eyes?ex. If you were to have a property that cleared $100 per month, and you decided you wanted to put in $200 of your personal money to help p...
I want to flip houses. Could I create an LLC or Scorp, open a SBA unsecured business line of credit and use that line to finance the down payment and reno cost for the flips?Background- I'm 28, work full time, married...
Good Morning folks! I know it’s early, but I have a question lol. Does earnest money really have to be in form of a check?
Are cashier’s check and money orders valid?
Thanks In advance.