Roger Mace
Are Your Loans Recourse or Non-recourse, Know the Difference
29 November 2024 | 9 replies
This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.
Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
5 December 2024 | 13 replies
That will be up to the facts of your individual case.
Jeremy H.
How much longer until we get a downvote button?
27 November 2024 | 22 replies
.: Quote from @Scott Mac: [1] A down vote button seems like it will lead to Cliques forming in the background, with people getting together to downvote certain individuals based on like or dislike of the individual.
Andrew Pierce
Doctors Loan/Conventional Loan = You Must Occupy the Property forever?!?
8 December 2024 | 10 replies
The policy consideration behind the higher leveraged loans is to provide financing for individuals who have high earning potential and are at the start of their career where the earning potential has not yet materialized and perhaps are dealing with the added burden of student loans.
Christine Aledam
Time to find a new Accountant?
3 December 2024 | 21 replies
•My California LLC serves as a holding company for my out-of-state LLCs that own the individual properties.This structure keeps things organized while ensuring compliance with both states’ regulations.As for your bonus question, it depends on how the property was purchased.
Bhakti Patel
Hello BiggerPockets Community!
29 November 2024 | 11 replies
I’ve joined this community to connect, learn, and grow alongside like-minded individuals.
Roger Mace
How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
A good broker maintains relationships with various funding sources, including individual investors, investment groups, and financial institutions.
Himateja Madala
STR evaluation in Kissimmee(Reunion)
9 December 2024 | 21 replies
Most my clients tend to be out of state, high income individuals that are looking for a great return and not looking to spend 200 hrs on the project themselves.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Originally posted by @Terrell Garren:I'd sooner rent to a convicted felon with a 400 credit score, a tattoo on his forehead and a stolen car than deal with Bitcoin.
Elliot B.
Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
I have a duplex that I originally intended to have serviced by individual heatings systems, but ended up installing a single system that's large enough to heat the whole building.