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17 June 2024 | 19 replies
The lender will only communicate about a specific loan with the borrower.
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14 June 2024 | 13 replies
With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood.
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15 June 2024 | 32 replies
For perspective I purchased a duplex in late 2022 using an FHA loan for 444k that I’ve been rehabbing while living in it as well as renting one unit, once the rehab is complete this summer comps are showing I’ll have roughly 200k in equity to tap into.
12 June 2024 | 3 replies
There are various types of commercial loans available to finance different types of commercial real estate projects.
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12 June 2024 | 8 replies
I know you deduct the standard 1/27.5th of the improvement value, $200k.
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13 June 2024 | 3 replies
Adjusted basis is purchase price plus improvements less depreciation.
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12 June 2024 | 1 reply
Hello everyone, I need help with getting a good deal.I am a new in Real estate investment and working on my first investment property.I have educated myself by reading many books from Biggerpockets and I have watched several videos/podcasts.I have been approved by a lender for a conventional $300K loan.
13 June 2024 | 7 replies
Example:If you sell now, you lose $40,000 in REALTOR fees plus the improvements you made.If you keep it, you lose $4,000 a year.
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11 June 2024 | 5 replies
My question is how to structure the loan.