Life Insurance cash-value can be a tremendous way to build generational wealth through their infinite banking concept. I always recommend getting a high-value whole life policy that let's you accumulate cash-value whi...
This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?
Thanks
Hey guys I’m in need of some Advice !
So one of my Ltr tenants have broken the lease that we had in place and he have successfully moved out ! Which mean I now have 1of 3 units free he was suppose to leave this year ...
Hi everybody,
I’m closing in a week on a house and today I spoke with my banker who said something which left me scratching my head.
First, I’m buying the property well below its value. The purchase ...
Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
Hello – I am trying to find out if there is any way to get a debt consolidation loan against a property that I own. It would not be a HELOC because the dwellings on it are pretty much teardown properties. But I also d...
Hi,
I was wondering what systems you are using in your note business to ensure all your files are properly organized from tapes to collateral files. I have a process that will work for small number of notes but i wou...
I was just wondering how to scale your portfolio? Are most people putting 20% down then waiting 6m-1y and refinancing that property to then put the equity down on another one? I'd love some suggestions and learn diffe...
There is a house that has solar panels that haven't been paid off yet. The owner has a 3% apr loan with 23 years left and a balance of $33k on the solar panels. He says I can assume this loan instead of building them ...
A developer has approached me about borrowing $200,000 on raw land. He recently sold a tract next to it on the same freeway for $450,000. I'm not so concerned about the LTV as I am about the fact that it's raw land ...