The portion allocated to qualified use is tax free. 

Maybe offer to pay a portion of the balance contingent on completing the work or signing a waiver to avoid the lien.

Either way, everyone on here agrees the charge was high so getting an understanding of this is vital.

Hi All, my wife and I are based in Ojai, CA and are looking to invest nearby, primarily near Ojai or the Ventura County portion of Malibu, but possibly Santa Barbara County for the right property.

Rent in this specific area is anywhere from $3500-$4000/mnIf we fix and flip we would walk away with a good amount of equity that I would plan on reinvesting, my sister would keep her portion.

This ongoing relationship can be invaluable for investors looking to scale their operations and build a successful real estate portfolio.In conclusion, a good private money broker acts as a vital partner for real estate investors, providing tailored financing solutions, expert guidance, and ongoing support.

Padsplit people try to sell you that it's only a small portion of your income (1 out of the 6-8 members) vs if you do long term, you are losing 1 of 1 income. 4.

.: @Robin Simon I’m looking to put at least 5% down in a loan and use a larger portion of my capital to buy down the interest rate to take off a couple of points.

You said a portion of this dead tree is hanging over your garage still?

However, a huge portion of the extra monthly payments would be offset by new rental income from my current primary residence.