Tyler Stetz
Hard money Lending requirements
When approaching a hard money lender what are the most significant things they look at in a borrower. Do they look at your DTI ratio, do they require a certain amount of income based on loan value? Etc. I know they wa...
Robert Granara
transferring property to LLC and personal guarantee
I am trying to find out if I can transfer property to an LLC for the purpose of lowering my DTI and lowering my debt on my personal credit report...And if the bank asks for a personal guarentee will that show on my cr...
Account Closed
Anyone Heard of Clean Slate Credit Solutions?
Hi everyone,I'm trying to learn as much about Lease Options as possible. I've been reading Wendy Patton's literature and watching her videos. In one of her videos she mentions Clean Slate Credit Solutions as the compa...
Mack Lev
Cons of getting denied for a HELOC?
Alright, so I have a rental property owned free and clear, and I want to use a HELOC (preferrably from a credit union [PenFed to be exact]) in that property to go out and fund other RE deals. The problem working again...
Bryce Henson
Tax Strategy - W2 Employee, Part Time Real Estate Investor
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
Jake Brown
DSCR and Loan Covenant Question
Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...
Kaaren Hall
Changes in the SDIRA and Solo 401(k) World
Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Gili Rozenthal
fix and flip at Memphis, TN
Hi Everyone,
My name is Gili, and I am new to real estate investing in the US. I Did my research and decided
to invest in Memphis , TN.
My plan is to start out by purchasing SFHs, in a C class (and above) areas wit...
Patrick Menefee
How are non-LLC business expenses handled?
I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...
Jimmy S.
Collection agency?
I have evicted a tenant got a judgement from the court. I know I probably wont have any luck but is it worth it to turn it over to collection agency if they can collect anything?How do I find a collection agency that ...