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Results (10,000+)
Christopher Jordan First time STR in Hawaii to offset capital gains?
19 July 2024 | 16 replies
I just sold my business and in looking for ways to offset capital gains taxes stumbled across a strategy in which a STR can write off all depreciation in year one via a cost segregation analysis, thereby reducing taxable income greatly for a specific year.
Alicia Zhao looking for lease renewal template form
19 July 2024 | 2 replies
You could write a simple statement and have all parties sign and date:"Landlord and Tenant agree to extend this lease with a new termination date of June 30, 2025."
Patrick Padovano Building investment prop, what account should I make draws from?
19 July 2024 | 6 replies
I would strongly recommend creating one to ensure everything is neatly organized and you don't get flagged by accidently writing off personal expenses. 
Tricia O'Brien Kokomo Indiana Property Management?
20 July 2024 | 22 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Sarah DeMamiel $400,000 To flip or to brrrr? Or both?
21 July 2024 | 64 replies
I can’t even seem to write a deal with inspection contingencies at this point so… Personally, I would never take that amount from a relative to “invest for them.”
Jason Sung HELOC for investment home
19 July 2024 | 7 replies
I also found a small local community credit union who will write first position HELOCs.  
Anthony Pollachioli Question to all lenders regarding a home equity loan
20 July 2024 | 5 replies
Then notice the bank President in writing.
Marcus Auerbach Investors be ready: AI is changing our world faster than society can adapt
20 July 2024 | 28 replies
Then while writing this I thought, but AI couldn’t do any original thinking.  
Kate B. Recent Experience with LendingOne
19 July 2024 | 53 replies
. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.
Benjamin Hazlett In search of VA loan with delayed occupancy
20 July 2024 | 15 replies
But, again, if your LES shows an ETS date of less than 12 months your current income won't be usable, unless (a) you write a letter to certify that you will reenlist and also have a commander certify that you will be eligible, or (b) you use income from a new job that you'll start near the subject property before closing.