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All Forum Posts by: Adam Dorn

Adam Dorn has started 14 posts and replied 26 times.

Post: BEst method to establish TRUE business credit

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

I was wonderin if there were any shortcuts or inside info you guys can lend to getting TRUE business credit?

I have a decent credit score and history, but I was wondering how to establish my business' credit without me having to guarantee the payment, no matter how small it is?

Thansk again for the info.

Post: Ever use FHA to buy at auction or other non traditional route

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

I was thinking about trying to buy something using an FHA rehab loan. I actually used a 203K (non- streamline) on the house I'm living in now. I did all the architectural exhibits, estimates, budgets, and construction related documents myself. I used a friend of mine as my GC, but I did all of the work myself.
It was kind of a PITA using that loan initially, but it would allow for some rehab escrow funding?
Anybody used one of these rehab type loans for property investment?
Thanks for any info.

Post: Do we have a forum for...

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

Thanks guys

Post: Do we have a forum for...

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

Do we have a forum for business entities? I am starting an LLC and I was wondering what types of startup costs people incurred, or accounted for?

I was thining legal fees, computer, office equipment, etc...

Any other good sites or books?

thanks

Post: Just wondering everybody's education/background?

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?

I'm an engineer (Civil/Structural) from NY.

Thanks all.

Post: Hello to all - GREAT site!

Adam DornPosted
  • Upstate, NY
  • Posts 26
  • Votes 2

Hello,

MY name is Adam. Newbie RE investor. I'm an Engineer from upstate NY area, looking to invest a bit in some rehab re-sale, and rental holds. I currently own two rental properties (a duplex and a single family), but want to jump in a bit deeper with some rehabs.