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31 July 2018 | 8 replies
I’m brand spanning new to BP and the whole real estate investment world. As such, in an effort to satisfy my own curiosity, is it ridiculous for me to consider cross-collateralizing two vehicles to secure a loan and g...
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27 July 2018 | 22 replies
I did a permit search and did not find anything but it is definitely old.
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29 July 2018 | 6 replies
There are lenders out there that specialize in this type of lending, and you can find them by searching online or hire a commercial finance broker to source your debt.
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25 July 2018 | 0 replies
I'm new to investing and I'm searching for a few investor friendly title companies.
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31 July 2018 | 4 replies
Just my 2 cents.... good luck with your search!
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26 July 2018 | 3 replies
The tenants are good about keeping it locked (combo) and it seems to be the right size as long as boxes get flattened.
26 July 2018 | 4 replies
There is the DC REIA that is led by Sherman Ragland who is on Bigger pockets, do a search for their site (DCREIA); and there is a meetup group that meets monthly at the National Harbor led by Andre Johnson, look on meetup. com and search for "Deals Meetup" (the name of their group)
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26 July 2018 | 6 replies
I am in search of an investment partner.Must haves:$100,000 in liquidity for co-investing strategy of:a) ME: 70%, YOU: 30% SPLIT OF FINANCING THE Purchase of a fully-occupied (5+ units) multifamily property located in northwest indiana. b) ME: 70%, YOU: 30% split of monthly profitsc) me buy you out after 5 years
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27 July 2018 | 11 replies
Fannie/Freddie loans just carry better rates and terms (in general) so we try to go for those first.Here's some bullet points on how income is calculated with Fannie/Freddie and S-Corps:W2 income – that’s easy, you probably understood that your W2 income can be added TO incomeK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added alsoAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomeAnd then they would average 2 years of these data points to come up with your "qualifying" income.
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19 December 2019 | 9 replies
Always keep your anti virus up to date and run frequent searches.