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Question for everyone, im purchasing couple duplexes in Mesa AZ and each one has single Water meter. It has been paid by the previous owners but just got to look at the bill and its way more then it should be and i wo...
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I'm new to REI and i want to start with Wholesaling to generate cash and then transition into flipping and then eventually implement the BRRRR strategy on sf, multi-family and commercial properties. Is it advisable to...
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Hi All,Many years ago when I first started rehabbing and wholesaling, my CPA told me that the S Corp. was the best option for my business entity. I went with his recommendation, but now it seems like everyone I see in...
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I live in NC and want to lend to a flipper reahabbing a property in MD. Are there any licenses or other state requirements? I've been reading the NC state site and want to make sure that a mortgage lender license is n...
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Hey guys, I like to think I'm real creative but as always, someone has probably alraedy thought of it. I'd like to see if anyone else is doing or isn't doing what I think is a viable idea.I have some rental propertie...
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Hey Guys,I am looking to purchase a new investment apartment soon. Is it best to pull money from a LOC or to Refi the loan? I assume the Refi is more difficult but the LOC costs more. Do banks allow for LOC on an inve...
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Hello,I would appreciate any insight on this subject. My math shows the ROI being the same for a cash purchase vs.a financed purchase. Is this correct? My examples here show the return is the same for both scenario...
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I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...
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How would I go about structuring a seller finance deal for a flip? I know the terms would depend on the sellers situation but I guess I’m looking for an example of what one would look like.
So for a house valued at ...
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We currently own 3 mobile home parks. Our strategy for filling vacant lots has been to buy used homes with a certain criteria, move them in and do rent to own on the homes. It has been a huge success, the demand for a...