William McDonough
Before anything..first get out of debt??
Out of debt first before investing in property or both at same time?? Help
Don Konipol
What borrowers say........And What they really mean
What borrowers say……..And What they really mean
I’m not going to pay any upfront fees………….I won’t pay for an appraisal, title report, survey, accountant to prepare financials or anything else required to have ev...
Nate Marshall
New Wholesalers (and Real Estate Investors) need a plan.
1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
Nickolas Poce
Loan advice for a resort.
I'm looking to buy and run a resort. I found a lender named Steve Mayer of finance holding co. I told him my credit is isn't great and that I recently found out that the resort I was interested in doesn't have any fin...
Shane H.
Any experienced Commercial Bankers/Commercial Borrowers - Life Insurance?
Feel free to move this topic to another forum if it fits best there. However given the correlation to commercial RE thought here was best.I've noticed on some of the financial products I've been pursuing/commercial l...
Scott Trench
Better to Have $25K in Cash and No Debt OR.....
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Michael McCloud
Cash Out Retirement 401K Early
Getting right down to it, I am contemplating cashing out my 401k and taking the early cash out penalty, to fund my first step into the BRRRR strategy. I have been self directing 50% of my account for about 3 years and...
Clifton Young
How to start a Rental Property Portfolio Biz
I want to build a rental property portfolio. I’ve heard several investor say “It’s best to do an LLC for rental properties”. I do agree with that statement, but how do you obtain a conventional loan under an LLC? I w...
Jared Stasch
Loan Help PLEEAASSEEE
I have an investor who owns apartments, 4plexes, and has other investment accounts in a Trust and is trying to get a loan on some fourplexes through Fannie Mae. He wants Fannie Mae since the cash flow is not there now...
Charlie Cameron
Non-Recourse Debt - Why do you need net worth?
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...