I have someone who will give me a private loan, my questions is how do i go about getting the agreement done. I have looked at loanback.com are there other services i should look at or do you just go to a property la...
Hey BP,I have a potential deal in Southfield, MI that i would like to wholesale and i am a bit unsure on how i should structure my contract for purchasing this property. Seller Wants: $5kTaxes Owed: $16KARV: $53,000Re...
Hi, I'm researching some different properties in San Francisco and Los Angeles. A lot of properties tend to be older (pre-1950s) especially in the Bay Area. It seems common for these older properties to need some seis...
How do you pay an accountant for tax consulting? Is it an hourly rate? Or a monthly fee and you can ask questions anytime? I’ve never had an accountant but the more I learn, the more I see how important a real estate ...
Seasons greetings! So more than likely I’m going to need to look into private lending in addition to the cash we have for some deals I’m looking at. I know there are a few lending companies out there so first I’d like...
Happy Friday! I met a local rockstar investor here in Grand Rapids, MI. He is on his way out of the investing space because he wants to spend more time with his family and less time managing his large portfolio. He's ...
I've been working on putting together a deal with my friends, family, coworkers, etc. They would all be considered sophisticated investors. As of right now, I have an informal commitment of funds of $180,000 with 35 t...
Is the ultimate goal of seller financing to refinance out? I’m assuming a seller won’t want to hold a 30 year mortgage and also the interest rate on a seller financed loan will be particularly high, correct?
1.Attorney- Allows you to set up the property business intity. Having a formal business setup will protect your assets and provide tax advantages to you. Your attorney will file your paperwork with the corporation com...
I just watched a Robert Kiyosaki video where he was discussing investing with little to no money down for younger couples. He mentioned the strategy where you find a deal and structure it with an 80% mortgage and have...