Want to replace your nine-to-five? You'll need to know how to buy a business. And while you may think that you need to be some high-level executive or business-building savant, the reality is that TONS of profitable b...
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I read an article about transactional funding (copied and pasted below) I wanted to make sure I I comprehend everything, and I really want to break it down to its molecules. That's the only way I'm going to get this.l...
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How does a commitment letter written by a hard money lender work? if a hard money lender writes a commitment letter for $180,000 will this be the total amount loaned? will it be cash given to the buyer or directly han...
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Can I use funds from my pension for a down payment on a property? The funds will be considered a loan from my pension.
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I think I might of figured out a way to get around needing a RE license to wholesale in Ohio and that would be transactional funding and just doing a double close with the funding money. I could use some knowledge fro...
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Hi I have a off market deals where the seller is working with an agent. The property isn't listed and they're willing to sell to me. I'm trying to get it under contract but they're asking for proof of funds for the pu...
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I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
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Hi guys, I am in the process of putting a bid on a short sale home. This year I purchased 3 buy and holds, so I am running low on funds. I found a great deal and do not want to let it pass. My brother and brother in l...
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Hello looking for a DSCR loan on a property I purchased at the sheriff sale in NJ. Purchase price is $500K and I left 20% down at the sale. I'm looking for funding for the remaining $400K and plan to add a level and ...
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I found a nice wholesale property. I want to make a move. But now what? Even after books, podcasts, and meetups I still feel like I don't know how to take that first leap. So here's a little background about me: I'm p...