Hello again fellowinvestors! With the explosion of the “Asset Based Lending,” there is so much built around the theory of using other people’s money to invest. This process can be applied to Fix and Flips or Buy and Holds. You will want want to have your planned exit strategy in place prior to embarking on a specific property, or loan options.
You have created your LLC, now what? Now it’s time to apply for an EIN. What is an EIN? EIN stands for Employer Identification Number and is a 9-digit number specifically used to determine identification. It is also used for tax purposes. How To Apply for an EIN? First, you’ll want to visit the IRS website for EINs. It is broken down
It’s not breaking news that interest rates are at an all time low, so it’s one of the best times to buy that dream home, don’t you agree? Let’s dive into various perspectives – or peal back the onion if you will – and let’s uncover some real estate and investing trends and hopefully educate you on what it’s really like out there. At the time
The investor world is full of terms, acronyms, and slangs, and they aren’t always easy to decipher. These terms are thrown around and can be misconstrued. Over time these words get bent and reshaped to mean multiple things – kind of like the game telephone we played as kids. A big example is the blanket term Hard Money Financing. Over the last
As an Investor Specialist in the lending world, we are often asked “how can I purchase investment properties without utilizing Private/hard money loans?” Our short answer is “private money loans are the best way to purchase investment real estate.” In all seriousness, there is another route that can save you a lot of money and help you close more
There are a lot of questions surrounding improving credit scores, and if you’re looking for a simple answer to how to increase your credit score, there isn’t one. There are so many factors involved with increasing your credit score. There are a few things to know about credit. First is that your credit score is a predictor of your future