19 April 2022 | 10 replies
@Dan L.Every bank is going to have you sign a personal guaranty which means if the LLC fails they go after you and your other assets including your LLC’sSecondly if you mix and match personal with your LLC then having an LLC is pointless as it will get pierced like an ear.
10 May 2020 | 5 replies
If not, how can I go about obtaining something like that or can I even obtain a soft proof of funds letter?
12 May 2020 | 5 replies
Connecting to the idea of "cash" offer, does anyone have a legal soft proof of funds letter (pre-approval) that is editable and will work in all 50 states?
12 May 2020 | 12 replies
I have done some short term rentals here in Tahoe after the regulations were passed and initially got a letter from the city telling me to shut it down or a fine would be issued.
10 May 2020 | 11 replies
They also have a security exemption in CA, which avoids issues with pooling money.Why do you keep capitalizing the letter A, Daniel?
10 May 2020 | 5 replies
I agree there are some risks and also dilution in cashflow because of HOA , but these are class A areas with around 7-8% cap rates - so as a part of a broader portfolio, I felt comfortable with a 30% mix of such investments.
12 February 2020 | 9 replies
A realtor is going to ask you for proof of funds and you need to have actual proof of funds not a fake letter you printed off the internet.
7 January 2020 | 3 replies
Based on their feedback, the alderman would provide a "letter of support", which the zoning attorney would attach to the zoning change application.
12 January 2020 | 1 reply
This is assuming the mortgage applicants have:-Applicants operated the business for 2 years within the same business type-( E-commerce Retail Sales (LLC)) from same location-Applicants have 800 or above credit scores-Applicants can put down 20% or more-Applicants can provide Tax form 1065, bank statements, Letter Of Intent, etc-Applicants have Low debt to income ratioMany thanks for any information you can provide.
19 April 2020 | 25 replies
I don't mind difficult conversations as a general rule of thumb, but you are literally mixing business and home with this model.