Boris Peyzner
Business Line of Credit - Real-Estate B8siness
Has anyone been able to obtain an unsecured line of credit from a financial institution your real-estate venture? From what financial institution? How many properties? What was your gross revenue at that time?
Brandon Baker
Question about Banks and Bank Accounts
Hey folks, I have what should be a quick question. I currently have a bank account for just the business, but now that I've scaled the business I have an LLC, although the account isn't tied to the EIN yet. I have to ...
Terrell Thomas
Lease option question
I'm confused.? If I get a home under contract with a seller on a lease option market that property find a buyer to agree to a one year lease option. I charge the buyer let's say a 5k down payment to get in the house...
Vikas Chug
Rental Properties loan finance option after 10 properties
Hey guys,
My bank told me i can finance the rental property to 1-4 and 1-4 with a different bank.
the max financed properties fannie mae is 10, i believe
My goal is for next year 25 rental properties, how can I...
Wilson Pereira
Revocable Trust Setup
For those of you that setup a revocable living trust with your spouse/partner for your real estate LLCs and other assets such as bank accounts, did you setup a single revocable trust or separate trusts? My attorney ad...
Randy King
1031 exchanging into an REO
Anyone have experience buying an REO as your replacement property in a 1031 exchange? The language that has to go into the buy contract allowing the 1031 will probably not be allowed by HUD or FNMA. Any ideas?
Jeff Tumbarello
FDCI eats another, Treasury getting read to eat 2 elephants
Correction: FDIC
http://www.fdic.gov/bank/individual/failed/silverstate.html
On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial I...
Jennie Berger
What's fair / the going rate for a Fiduciary?
Hi Y'all:We're in the stages of possibly transitioning away from our financial advisor at a large institution to a third party custodian and hiring a true Fiduciary. The one I'm considering right now is fee based only...
Carlos Ptriawan
When CD performs better than real estate and 401k
This month is the strangest month in the whole US economic history.CD is now offering 6.0%401k with 60% stock and 40%bond allocation is mere flat this month, if you are 100% bond you're wiped out 15%.10 year yield of ...
Jeff Pagano
Financing buy and hold
What is the best/most efficient way to finance a buy and hold property without having a huge down payment? If anyone could assist based on personal knowledge or prior experiences that would be great!