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Results (10,000+)
Lilly Fang finance contributor partner JV flip, should I be on the title? or just 1st position?
17 July 2024 | 4 replies
Here is our first deal:- We each hold 50/50 of the property on the title (I contributed 80% of downpayment, and he was supposed to contribute 20% to the downpayment, and we got a hard money loan)- after we sold the property, I had to fill out the 539 form for withholding tax in CA.- The partner brought in a cash contributor for his portion (let's say A, who got 50% of my partner's profit, basically 25% of the profit) to the deal and put a lien on the property.
Mohsin Mazhar Thinking of Quiting
17 July 2024 | 37 replies
REI is supposed to make life better, not worse.
Kate B. Recent Experience with LendingOne
19 July 2024 | 53 replies
Then on the day we were supposed to close I learned that we did not have have enough "liquid assets".
Jack Lindstrom Section 8 vs. Househacking a Duplex or Triplex
18 July 2024 | 11 replies
I suppose as interest rates decrease property value will increase when it comes time to refinance so maybe it’s not a huge deal - especially if I cash out some equity for my second multi family.
AJ Wong The biggest mortgage changes from 2004-2024: A Lot and A Little
16 July 2024 | 0 replies
In the future, supposedly AI will revolutionize the industry and streamline the mortgage process for borrowers, but there is no substitute for reputable creative financing solutions and human reassurance when the closing date is tomorrow.
Mimi Wright Permit and inspection
15 July 2024 | 3 replies
Hello,We just finished remodeling a house in the twin cities and we have an inspection to rent it.The inspector said that we were not supposed to change the vanity and the outlet by ourselves.
Tim Fode Softening Rent Prices
14 July 2024 | 14 replies
I'm grateful that I sold all of my class C buildings over the past several years, even though they were supposed to cash flow better than the class A buildings, they never did and the rent and value appreciation wasn't nearly as good either.
Alexander Blake Summers Location Analysis Method
15 July 2024 | 23 replies
I suppose that depends.
Justin Skiles Partnership Strategy Advice
14 July 2024 | 4 replies
If he does not do the work he is supposed to do or do it in the timeframe that was initially anticipated, what happens?