Hello. I'm in the process of getting an SBA loan for my business which is self proprietor, self employed. My question is if this will be counted as a monthly debt for my dti ratio for a home purchase down the road. My...
You May have been to a Guru seminar if..........
You believe brokers will continually submit deals to you although you have no capital
You believe lenders look at the property ONLY when considering whether ...
I am very sympathetic to those who are facing foreclosure and other distressed situations. I try to convey that in my direct marketing materials. With that said, I just received a call from a lawyer representing a p...
Hello BP,I am wondering if I am correctly protecting myself with the current house hack that I am doing. I recently bought a property and currently renting out one of the two rooms (with the second one to be soon rent...
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
When it comes to motivating others, avoid talking non-stop. I believe in demonstrating rather than just explaining. Looking to achieve success in real estate investments? Completely achievable, my buddy. And guess wha...
Hi all!In my readings regarding entities, I'm curious if there are any issues that can occur while transferring a property that is in your personal name into an entity. More specifically, if you have financed a rental...
I can’t confirm this person had bad intentions, so I’m not going to call them out, but I believe this concept is something people should be aware of. Someone asked me to help them with some wholesale leads they had, a...
I was a little taken aback this morning while searching on realtor.com as I noticed the first short sale I've noticed in a LONG time in my little hometown. I'm not sure if there have been others recently that I didn'...
Portfolio Loans.....I am looking to learn more about them and some real life scenarios people have used. 1.) How does it work compared to a traditional 20% down loan that I have used on my other two properties.2.) Are...