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I have 4 rentals bringing in $2000 month cash flow. Only debt is line credit at bank for $9500 at 12% interest. My husband had a new business do bad and we have 55k in credit card bills at 21% eating us alive. Should ...
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Hello Everyone!My name is Jesse, I am 19 years old and I live in Louisville KY. I'm currently attending the University of Louisville (Go Cards!) while working in construction during the day. I have been reading every...
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Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...
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Trying out advertising for my "we buy houses" type website on Facebook, currenlty running it live for the next 3 days.anyone tried it before, love it or hate it? what are your results?
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Can anyone suggest creative ways to come up with down payment money, required for a hard money deal?Specifically, I need to quickly come up with $9,000 for a down payment, in order to fund a purchase through the hard ...
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Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
Brief Background. I live in Texas. I'm an engineer by profession. I've owned 4 rental properties at one point in time. I've since consolidated down to one rental property that I currently own. My plan/aspiration is to...
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Here is where I am going with this.- One book says you should say yes all the time, another says you should say no a lot.- Another book says set extraordinary, unrealistic goals, while another says you should be setti...
Hello community, I have recently inherited two properties with challenges. The first home has no mortgage or lien, but has late property tax of about 1,700. The other home has a mortgage of 18,000 remaining and la...
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Hello all!
I have a question for those who deal with commercial development. There is a property that was purchased for a small subdivision (around 150 lots) in my area- it was never fully developed and was foreclose...