Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
My lease includes an automatic increase of 3% every year. Do you include a standard rent increase in your lease or do you play it by ear every year?
BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
I would like to read an example of some of you guy's creative financing deal structuring you've put together with no &/or little of your own money down. I'm posting this forum to get a better understanding of how ...
This post was just inspired by @Jason Scott who just posted on FB how most people will never achieve $10 million, $100 million net worth etc (and theres nothing wrong with that) (Also, in like a decade on here Ive nev...
Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Hey guys, I'm "momming" for the next few days so I have stepped away from my work and will have the freedom to give a few people who are ready to make moves some personal attention in moving forward with a deal. My go...
This might warrant some raised eyebrows but I always asked myself the same question: If real estate is a great way to become wealthy, why isn't everyone doing it?Now I'm not saying investing in real estate is easy, be...