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Results (10,000+)
Rylie Cooke How much to pay a GC for spec build
23 October 2024 | 5 replies
not sure what your trying to learn or do.. but just pay them by the door.IE  10k 20k 30 k 50k.. each GC will have their own fee.Myself I pay on the low end because i do all the accounting for the GC he only has to cordinate the subs .. 
Lena Harris Ice Maker Maintenance/Replacement
20 October 2024 | 17 replies
@Kristi K. did you read the post?
Jesse Dominguez-Castelan How do I proceed?
22 October 2024 | 17 replies
Only caveat I would add is that the OP mentioned that they no longer live in the property which takes owner occupied options like FHA 203(k) off the table. 
Ryan Miehm Best way to fund renovations on a flip project
22 October 2024 | 19 replies
BLOC you will get from the big banks like Amex and Chase ..upto 500 k
Elizabeth Rose HELP - the appraisal company gave me a super low-ball appraisal
23 October 2024 | 27 replies
Lenders are usually not willing to order a whole new appraisal unless there are significant and obvious deficiencies/inaccuracies with the appraisal report.
Tony Thomas Should I start a property management company?
24 October 2024 | 12 replies
You could also potentially pay yourself a salary through the company, which could create retirement plan opportunities, such as contributing to a solo 401(k) or SEP IRA.
Dan Fritschen Bringing in tic partner
21 October 2024 | 5 replies
The other person is your investment partner in LLCPartners in LLC pay taxes based on operating agreement and % ownership (each partner gets a Schedule K-1 to report the income from LLC on personal tax return)@Nicholas Dutson more details needed on your property, what it's worth, etc to answer this.
John Carr First Time House hack, Do I need more help then my HR Block tax person
23 October 2024 | 19 replies
So if you have a business entity other than a sole proprietorship you will file that business return and receive either a K-1 distribution or pay corporate taxes on the profit. 
Gregory Schwartz DTI: How do different loans effect the debt side of DTI
18 October 2024 | 8 replies
. - The commercial property is in an LLC, we get K-1s from the LLCs taxes every year showing that the LLC pays for the expense and is cashflow positive; except for the deprecation we take :) I plan on buying a new primary residence in the next 1-2 years and want to know if I need to have the commercial loan adjusted so that its no longer personally guaranteed.
H. Jack Miller Subject to Financing- Investing
15 October 2024 | 9 replies
Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.