All Forum Posts by: Doran Summers

Carl West . It depends on the state but this article may be helpful on the steps. https://howtostartanllc.com/illinois-llc

Congrats Chad. Welcome to BP. How is the software and networking going for you?

De Chappell can you send me a message?

Shawn Henderson what’s the Arv for each property? How long will it take to complete rehab?

I’m always firm with lenders who say they do 90% to 100%. Sounds like a scam. Are you searching for lenders who do 100%?

Most hard money lenders when reviewing tax returns they just want to review for fraud. I have a client who showed negative on his tax returns but we was still able to underwrite him based on the Property, his experience, credit score and 2 months bank statements. The second option is to find a lender who don’t require tax returns for flips. Typically most does if you looking for best terms.

Congrats and welcome to BP. What are some of your GAINS? (Goals, Achievement, Interest, Network, Skills?)

How do you as a broker make money on such a small deal? What’s the Arv?

Tyler Anderson I may be able to help. Send me a message please.

Great topic. Following.