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2 February 2025 | 14 replies
Not for a single airbnb like you are seeking (you and everyone else) but because if you start a BNB or a guest house or a hotel, you can get 40% of your investment back in the form of a tax CREDIT that you can sell for about 90 cents on the dollar.
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27 January 2025 | 2 replies
After the initial inspection we sent a response to the inspection asking for $21,500 in seller credits to cover the roof and furnace (both needed replaced).
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26 January 2025 | 1 reply
Improve your credit and financials so lenders are willing to take a chance on you.
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27 January 2025 | 2 replies
Hi Jerrell, The best option for trying to get a HELOC on a property would be to check with local credit unions.
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28 January 2025 | 19 replies
I would not favor one or the other.
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29 January 2025 | 24 replies
You can look into switching to a local credit union or portfolio lender, as they tend to be more flexible with regional policies.
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24 January 2025 | 8 replies
@Robin Simon I completed a refinance with my credit union at terms of 3/30/75 @6.85% I will have the renwal in 2026 and hoping rates come down a little by then.
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12 February 2025 | 11 replies
•Meet state-specific experience requirements, at least a bachelor's degree with enough accounting credits, such as 30, to know a lot about accounting•Complete continuing education (CPE) annually to maintain their licenseCaveats:While CPAs have broad financial training and licensing, many of them choose to specialize in a niche such as auditing, advisory services, accounting and tax, or corporate finance for work.A lot of people say the BAR exam is easier than the CPA exam.
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18 February 2025 | 35 replies
And, probably the biggest, the fee and waterfall structure are much more favorable to the GP when your investor base does not have many options.As for advice, the best is to view many deals and talk to many operators.
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4 February 2025 | 24 replies
My tenants had late payments, but they were eventually made whole—credit where credit is due.Another standout moment was in 2021 when a major winter storm hit the area.