Danny Sok
Separating personal and buisness expensive
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Engelo Rumora
How much profit should you make on your first flip?
I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit...
Padric Lynch
Do you have to have an LLC to use hard money?
Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?
Brent Causey
Loan with Lake Lot as Collateral
I own a lake lot outright that will appraise for around $50k. This lot is on a high demand lake and lots/houses are scarce, as most lots and homes never make it to market - they are sold through word of mouth. I am wa...
Tyler Bushey
First flip partnership
I may be partnering on a flip with someone, it's my first project and I'm curious about what common partnering terms are. Thanks in advance!
Jim Bentley
Multi account insurance discount for SDIRA
I'm getting ready to close on my first investment house purchased by my SD IRA. My personal insurance agency gives a discount of 10-15% on my insurance policy because I have multiple, personal (homeowners/auto/umbrel...
Khayla Williams
Getting a personal loan for my first investment property
Hi everyone! I'm looking to purchase my first investment property in the Columbus or Cleveland area.I don't have money for the down payment so would it be okay to get a personal loan? I want to do long-term rentals to...
Kaden Dayton
Question on different funding/loans for real estate flip
Hey Everyone! This might be a dumb question but what is the difference between a hard money loan and a personal loan you could receive from a bank or a site like credible? Because I haven't really heard of using a per...
Mark Rosenberg
Organizing for my first investment
Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
Tyler Witkowski
2nd Deal making me nervous
Hello my friends!Im in the middle of signing a contract with a deal and its really making me nervous. Ive run the numbers and its a good cashflowing property. Well I should say its a great ROI property @ 26.7% to be e...