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I just completed my first fix and flip and have buyers who are interested. We agreed on price terms etc, were under contract for a few days and then I find out their lender can not approve them due to student loan and...
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researching properties, I notice people quick claim deed title over for a nominal fee. I see people to LLC which I get, but I saw one where and individual quick claimed it to herself. What would be the reason for this.
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Hi BP,I'm unsure of the affect a loan would have on an individual's net worth. One way to be considered an accredited investor is a net worth exceeding $1M, excluding primary residence. So, let's say an individual ...
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I am hopefully soon to purchase a duplex at 400K. I will put down the 15% down payment and my partner (who I have because I need one in order to get a loan due to debt to income ratio) will put down nothing. I have he...
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Hello folks, Im new in all ways but ready and needing this to change my families reality, future, and make our past worth while. Im here to change the direction of my future legacy.
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So how do you calculate a BRRRR when adding sqft? Exp: 2/1 SFR 1512 Sqft, 10,123 Lot. So while i'm running the numbers should I calculate as an 2/1 fixer upper or an already finished/renovated 3/2 ? So would I factor ...
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In the past 5 years of trying to build a company with 0 business business knowledge, I've ruined my credit and I'm also being sued by lenders. I've actually managed to grow into a stable and profitable business despi...
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I have owned and lived in my Primary Residence for 3 years. I am wondering what kind of issues may arise if I decide to rent out my home instead of selling it so I can retain ownership and obviously make some money ev...
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Our company flips homes in Laguna Beach, and we operate student rentals (currently in New Orleans, but planning to expand). We need to hire more team members to keep up with our growth and will likely raise capital fo...
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Hey guys, I'm looking to purchase 2-3 single family homes out of state. Up to this point I've only owned my primary residences, but I've been able to save up about $150k that isn't doing much in the bank.I still have ...