All Forum Posts by: Carl S.

Hi Eddie

Are you able to assist on foundation (slab) issues?

Thanks

Carl

Hi Kathryn

Please send opportunities through.

Thank you kindly

Hi All

Would anyone be able to advise me on whether or not the construction of a house affects the refinancing options? 

For example, are you able to refinance a brick and mortar house at a better deal (Higher % of ARV, better APR, and term) as opposed to a house which is just brick trim on pier and beam?

Thank you in advance

Hi Dana

Is that $220k for both the duplexes (4 units)? What are the specifics of the other 2 units or are that identical? Are they leased as well?

Thank you kindly

Hi Rodney

Please can you mail me further info, [email protected]

Thank you

Carl

Hi Russ

Please let me know if all properties are still for sale

Thanks

Carl

Hi Chris

Mails to your soignier address keep bouncing back?

Hi Chris

Thank you that would be great and most appreciated as currently I am only exploring online options and would like to building a relationship with my professionals going forward

Hi Chris

Thank you kindly. I was not aware of a Series LLC and after doing a little research, feel that it may fit my purpose very well! I will continue investigating and let you know if I follow through.

Kind regards

Carl

Hi All

I have been reading thought other blogs but feel my scenario is slightly different.

I am from South Africa and moving to DFW area at the end on 2015. I am going to be investing in real estate for long-term positions (mostly!) rather than flipping. I do have enough cash to purchase my first couple properties cash ($90k to $130k properties). As I am new to the USA I have basically no credit history or score. I am hoping that I will be able to use the properties I own out-right to obtain mortgages for further properties (within a period of time, 6-24 months) and grow the portfolio from there. How easy/difficult will this be? Which entity would it be easiest to do it in, bearing in mind no credit history?

There is a possibility that I may have a "angel investor" who may not be a US citizen but would invest cash early on and therefore increase equity in the business.

My question is which entity would be the "cleanest" for me to establish the business? Am I not opposed to Sole Prop however this may complicate the arrangement with the Investor? The ongoing costs of running an LLC are not a major concern for me if it provides a benefit for my structure. Not sure I want to go LPA supply due to fact that there may be non-US investment, unless there is a benefit?

Last, it is highly probable that I will be making use of a Property Management Company to management my the properties, just from a Liability point of view.

Any assistance or feedback would be gladly appreciated

Thank you kindly

Carl