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Results (10,000+)
Rebecca Malicoat LOC against portfolio
14 May 2024 | 4 replies
Meaning if someone gives you $500k and you only are using $100k, you are still going to be paying some fees on the $400k because the lender needs to keep that cash on the sidelines.You are better off getting either DSCR loans for each or hard money at 12 months and interest only with extensions but realize that money will not be cheap. 
Laura Kreinbring Tax Advice, long-time tax platform user depreciation basis adjustment
14 May 2024 | 10 replies
An extension is just an extension of time to file, not to pay.
Dan Thomas Hitting snag with Gov't bureaucracy in permitting
14 May 2024 | 17 replies
Some design criteria can be really tough on a developer, and I have had many instances where DOT will allow us to do things that are not exactly meeting their code. 
Stuart Udis Investing in Multi-Family Syndications With An Out Of State Sponsors
12 May 2024 | 2 replies
In many instances I am notified an offer was made in a multiple offer situation with an acceptance date expected in XYZ days.
Jessica Derr Newbie from Charles Town, WV
13 May 2024 | 18 replies
Both Jefferson and Berkeley County are solid in-demand counties as they are the Easternmost extension of West Virginia.
Bill Fearon 100% Bonus Depreciation
11 May 2024 | 5 replies
The bill that includes the extension of 100% bonus depreciation, Tax Relief for American Families and Workers Act,” H.R. 7024, was not included in H.R.3935. 
Allen Parker Too many eyes on one area
12 May 2024 | 18 replies
Hey Allen, as someone who has extensive experience in the stock market and trading, I fully understand what you mean.
Sam Booth So Dave Ramsey says.....
13 May 2024 | 79 replies
I owe like 30x my annual salary.For me I owe about 75 times my 2022 taxable income (2023 taxable income has not yet been determine,  but I expect it to not be significantly higher than 2022 - San Diego receive tax extension due to flooding). 
Douglas Gratz What is the new construction process? Dig lot, pour concrete, etc
14 May 2024 | 201 replies
(big loss yes but compared to the upside, I dont know) but lets say it takes 9 months to build (leaving me 3 months left on my loan, which my lender due to covid has an extension clause) if I drew all the money at once my yearly interest would be approx. 180k)...Lets say there a supply issue and it hold me back 5 months over the year which costs me 15k a month.  
Account Closed Question on multi unit financing.
12 May 2024 | 12 replies
For instance, if the borrower earns $4000 a month and has no other debts, their DTI would be 62.5%.