Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 6 replies
Yes, as S-Corp owners receiving W-2 wages, employee deferrals to a Solo 401(k) are subject to FICA taxes (Social Security & Medicare).
Richy Johnson
need help structuring terms for a multi family or apartment complex
29 January 2025 | 5 replies
Quote from @Jaren Taylor: Quote from @Chris Mason: If you have the ability to market and raise money, then you secure the down payment, and do the normal commercial mortgage process.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.
Mark Hafner
Unit broken into
28 January 2025 | 4 replies
They should have the option to install a security alarm at their own expense.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
24 January 2025 | 0 replies
Residency StatusWhile stationed in Germany, you qualify as a resident, which makes securing a mortgage easier.Even if you're not a resident, many German banks will lend to non-German citizens who can demonstrate financial stability.2.
AJ Wong
🌊 Where to buy an Oregon Coast AirBnB Vacation Rental For Sale in 2025
16 January 2025 | 1 reply
Brookings - The first city north of the border has specific zoning that is eligible for STR usages.
Melissa Sejour
Fix and flips in Philadelphia
7 January 2025 | 7 replies
The best opportunities in the Mansion are the parts where it borders an area that is at higher scale in my opinion.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Executive SummaryIn recent years, Germany has emerged as one of Europe's most stable and attractive real estate markets for international investors, particularly for American investors seeking secure, high-return opportunities.