
14 April 2020 | 1 reply
They will assume it is fully drawn for purposes of DTI.

11 April 2020 | 2 replies
This may be too obvious of a question, but when you say "escrow account" is it actually an account your bank offers for escrow related funds or is it simply a savings or checking account that you've created solely for that purpose?

13 April 2020 | 4 replies
As a first investment, you'll be making it more difficult on yourself by investing in a area you don't know, looking to rehab it yourself, investing for the sole purpose of it being a "lower price point",...I can come up with more reasons.

10 April 2020 | 0 replies
I'd love to speak with you and send you some deals I may come across on my own, just for analytical purposes.
15 April 2020 | 5 replies
@Jonathan CastroHi Jonathan, What is your primary purpose for the purchase?

11 April 2020 | 2 replies
Anyhow, if I start a handyman company, for the sole purpose of working on my own properties only, my brief conversation with my tax guy said I could then bill myself, from my handyman company, for the labor.

12 April 2020 | 11 replies
It's done for the purpose of issuing the commitment and later the policy.

13 April 2020 | 43 replies
If the broker Is selling thru own house and using a different firm to list...then it's up to them...Also some brokers will still take a commission so it can listed on the HUD statement and or for tax planning purposes So again, it's all depends.

11 April 2020 | 3 replies
I don't think the market is going to reflect a recession for awhile so I wouldn't count on a lower price for that purpose, but you can negotiate a price you feel comfortable with. 5.

12 April 2020 | 6 replies
The purpose of this tax is to level the playing field for tax-paying businesses and prevent tax-exempts from driving them out of business.When you add debt-financing, which introduces its own layer of taxation, forget about it.Being a lender to other flippers with the IRA is the better approach, as interest income is passive in nature and not subject to taxation.