I am in the process of doing a cash out refi, and got notified by the lender that I will need to provide a hand-written letter (not typed, in my own handwriting) listing the properties I currently own and stating that...
So through fortune builders I was set up with Nevada corporate headquarters. I had a phone meeting with a gentlemen that is setting me up with a business plan and with a credit line for my LLC that will put my busines...
Hello again BP, I hope all is well. I'd like to thank everyone in advance for your inputs. This is my first deal and I'm trying to make as little mistakes in the beginning as possible. Let's get to it:Financing Option...
I’d like to hear your opinions... could this be a good opportunity to buy Airbnb (or other short-term rental) properties?Seems there are likely some Airbnb hosts who don’t know when their rental income will return to ...
I've been working really hard from past couple of years. Now, I was ready to buy my own house but I thought I'd rather invest that money in real estate before I buy house for myself. I can get approved around million...
I've run across a method that utilizes retirement funds to purchase wholesale foreclosures and REO's. Does anyone have any experience with this? I'd like to know your thoughts.
Hello everyone!Finally, I believe I have found a deal that the numbers make sense.This is a off the market single family home that was inherited to a family member.Its in the City of Westland MI. 48186 (Shack town)Sin...
How big of a role does the age of an available property play in your decision making when deciding whether or not to proceed? Where does it fall in importance (i.e. cash flow is more important than age but central ai...
I have been running some numbers on potential househacks of a duplex or triplex... how do I account for my share of the rent for the unit I will live in when determining the profitability and cash flow of the house ha...
"We're not broke, we just don't have any money." -Phil Knight: Shoe DogWhat would you do? I'm going over options on a cash-out refinance. I've been expanding in secondary markets the last 24 months and putting every b...