Ian Skjervem
Commercial lending on $4-5M property
22 February 2024 | 9 replies
You may be able to get creative with Mezzanine debt or Preferred Equity, but those are typically for larger short term deals.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
I did a little research already and found the following:It is not required in every case for you to have a true debtor-creditor relationship with your lender to take the mortgage interest deduction.
Chris Salthouse
Houston Attorney to Form LLC for Real Estate
11 February 2024 | 3 replies
Is the LLC going to be getting the loans or debt or will you still carry it in your personal name?
Justin Goodin
Preferred Equity 101
10 February 2024 | 2 replies
📈 Preferred equity (PE) is the layer of a capital stack that sits in between common equity and the senior debt (or sometimes Mezz).Since we always read the capital stack from the bottom up, we can see that senior debt is always paid first, then preferred equity, and then finally common equity.Often PE investors are providing a large chunk of equity, and therefore, want to get paid first (preferred position) before the common equity.By getting paid first, the PE provider is in a less risky position compared to the common equity investors.✔️ Important: PE is interesting because it has characteristics of both debt and equity.
Sam Yin
Why/When to take a break from investing
7 February 2024 | 5 replies
No "significant" need for more "equity investing," time for debt or income investing.
Kevin DeBoer
Utilizing Primary Residence Equity for Financing
7 February 2024 | 12 replies
The question is do you have a clear path for that money, the discipline to use it only for assets that will produce an income to pay off that debt or service the monthly payment.
Bobby Shell
Wired money to BAM & Open Door Capital
6 February 2024 | 108 replies
Are your funds using agency debt or are their loans callable and /or expire after a few years?
Dane O Stewart
Paying back investors
3 February 2024 | 10 replies
@Dane O StewartAs @Chris Seveney as leading towards, are these investor(s) lending you money (e.g. debt or debt stack) taking equity (e.g. ownership) in the deal.
Keith Sehi
Need some debt words of encouragement
4 February 2024 | 21 replies
Regardless, good debt or bad debt is the same in regards to how you have to pay it.
Gp G.
cash out refinance to clear high interest credit cards debt
2 February 2024 | 10 replies
In the example above that would be $100K*80%= $80KYou can apply for a HELOC at 80%, use that money and pay off the credit card debt or at least most of it.Important final point, and I think that is what Caleb and Charles are pointing towards: Ask yourself if that balance on the credit card is a result of spending you had to make at that point in time (i.e. emergency) and with a frugal/practical mindset, or was there spending that as frivolous.You might say: "it was a little bit of both".