Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.

The neighbor demands that we always padlock the main gate and she would change the codes so frequently, and it’s been a nightmare for some guests & us.

I've never been so disrespected and found such an unprofessional firm, and I have property mgmt companies in 4 different states

Quote from @Jeremy Altdorfer: I have 8 units so far, all duplexes and SF in Toledo & Cleveland, Ohio.

You have to ask, what is an agent going to do for his $30,000 or so commission?

Hi,I will be living in Beaufort SC for the next 2-3 years or so then will be moving back to Canada.

Second Post outside of my introduction so I wanted to make it a bit more interesting.

Oh just to clarify - I'm wondering if an international real estate purchase is eligible for cost seg, with the understanding that it couldn't also do bonus depreciation and that it has a different depreciation schedule.

With a few of them are going to be over 50k net profit for him and a couple small ones 15k or so..

Hey Miguel, congrats on what you've accomplished so far!