Kale Leavitt
Is it normal to ask for screenshots of bank account?
We are in the process of buying a second home with 10% down. We sent in a purchase contract offer and our realtor came back and asked for screenshots of our cash reserves in order to show the seller that we could put ...
Adam Yetter
Ideal split for a private equity deal
A colleague of mine and I are considering entering into an equity partnership. The strategy will be fix-and-hold single family homes. Colleague provides the cash, I provide the rest (deal analysis, negotiations, closi...
Freddy Hernandez
BRRRR Commercial Lending Post Pandemic - 5 Unit Property
Hello everyone!I am about to finish the rehab and renting steps of a 5 unit property in Chicago, but the lender I was planning on using is currently putting loan origination on hold due to covid. I am looking around a...
Pratap Koppula
"Uncovering the Financial Health of Assets: The Benefits of Financial Due Diligence"
Financial due diligence helps in making informed investment decisions by providing key performance indicators (KPIs) such as financial position, operational performance, and liquidity. These KPIs provide critical insi...
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
One of my rentals was heavily damaged by a fire after Thanksgiving. Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. The itemized damage estimate tha...
Steven Joseph Fogarty
If I had $475,000 cash I would get the highest ROI & cash flow by
Hello everyone! Although I've been bingeing on BP podcasts & Rich Dad books, this is my first post.I'm married, dad to 4 boys, closer to retirement than I care to acknowledge, looking to build strong steady retire...
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Blue Moon Capital
I'm new to investing and just started working for Blue Moon Capital as a way to learn the business and make money in order for me to invest. Can anyone tell me anything about Blue Moon and if I have chosen a good com...
Jason Powell
Self Directed IRA transfer from LLC "Checkbook" account
Here is the scenario. Cash in a bank checking account under an LLC that's owned by a self directed IRA through Entrust. I'm wanting to transfer some cash to another IRA at another SDIRA custodian for some different in...
Scott Campbell
Why does equity matter?
I'm curious about wholesaling, and after listening to all of the podcasts about it, I still can't figure out why it would matter if a house has equity. We are just buying and selling the contract right? Plus, the buye...
Pakav Kim
Need to buy SFH in Dallas
I would like to buy a turnkey rental property in Dallas under $110K. Ready to pay unto 25% down payment. Looking for minimum $200 cash flow and long term (7+) appreciation after taking out property management ( yes...