Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.

You should always talk to a mortgage broker or bank first to find how much you qualify for before starting the investor journey.

The ONLY exception is that a landlord may charge two months' rent if the tenant qualifies for utility assistance, the lease requires the tenant to pay utilities directly to the landlord, and the tenant and landlord agree in writing.

Now, I'm not an attorney, so I'm basically mansplaining something that I am not qualified to comment on.

-- when would you look for the company to refiance into/what if you dont qualify-how do you kno itll go through/not get stuck with the hardmoneyloan?

This will help you understand the qualifying requirements, key factors to consider when purchasing, and how to assess whether a property might be a good investment at first glance.

Some investors received a note this week saying he filed for Chapter 7 bankruptcy.He also has a new eviction on his record after refusing to leave a property he was renting.Even after multiple formal complaints to the RE board about his fraudulent activity, he somehow still has his license and active home listings.Posting this update so hopefully anyone looking to work with him, now or in the future, can see the type of person he is.

I don't think there's any one platform that gets gold stars across the board. 

Even trusting a brand new GC who's licensed/"qualified" is a risk from out of state, let alone out of country.