
19 July 2018 | 12 replies
There're a lot of tax professionals here on BP site.

2 October 2018 | 14 replies
The Mortgagee must obtain the Borrower’s intent to occupy the subject Property upon discharge from military service, if a Family Member will not occupy the subject Property as their Principal Residence. https://www.hud.gov/sites/documents/40001HSGH.PDF

4 October 2019 | 6 replies
At it's height, I gone to on site auctions, court house step auctions, as well as public auctions.

5 September 2018 | 10 replies
I googled reviews and came across this site and so glad that I did, thank you for all who shared their experience.

17 July 2018 | 13 replies
There are tons of resources throughout the site that can help you.

23 July 2018 | 11 replies
However, I'd bet dollars to doughnuts there are also going to be damages.Generally speaking, tenants who pay their rent on time return their units in a good, clean condition.

17 July 2018 | 2 replies
I've had it listed for rent for a couple of days now on a few rental sites, social media, etc, but have yet to have anyone come and look at it or inquire about it.

19 July 2018 | 6 replies
Example:Land- .5 acres - 300kBuilding - 2200 sq ft at let's say 155 sq ft for contingency since they are saying 140= 341,000Legal costs - 50,000Grading and site work- 100,000Total Cost - 791,000NNN lease - 2200 sq ft at 30 a foot = 66,000 a year NOI66,000 / 791,000 = 8.3% cap rate to cost ( break even )Market resale estimate 6.5 cap rate = 1,015,0001,015,000 market price6% broker commission = 60,900Attorney and legal to sell = 15,000Stamps, recording fees, etc. - 10k or so (varies by state and county with costs)929,100 - 791,000 = 138,100 gross profit before long term capital gains tax of holding for more than 1 year time or deferred taxes if you 1031 exchange into something else.As you can see by the numbers this deal is too thin for all the work involved.

17 July 2018 | 2 replies
If the mechanicals and plumbing are handy I bet you could finish the basement for $30 per s.f.

26 July 2018 | 17 replies
Rehab holdback of $42,500.Loan Term: 12-month interest-only balloon note.Payments: Interest-only monthly in arrears with balloon paymentat maturity.Interest Rate: 9.99% fixed interest rateCollateral: A first priority lien on Borrower’s fee simple interestin the Property and the improvements thereontogether with any personal property owned byBorrowers related to PropertyPrepayment Penalty: noneLoan Fees: The following fees shall be due: (1) 3.00 points, pluscustomary underwriting, processing, legal,administrative and site inspection fees to (**) at closingof the loan; (2) $50 application fee due upon signing ofthe term sheet.