Brittany P.
Seeking creative solution - new investor & upside down
4 August 2017 | 5 replies
It might take a while to pay down your debt, so I would stay away from any repairs that weren't about to lead to imminent dysfunction and cut expenses.
Account Closed
Asbestos siding
12 November 2016 | 10 replies
That stuff is zero hazard unless broken cut or drilled.
JM I.
Buying an FHA multi-family that doesn't cash flow? (SFla)
7 November 2016 | 10 replies
The property doesn't come close to cashflowing, but the negative cash flow is still less than I pay in rent and it would cut my commute in half and give me some tax benefits.Your thoughts?
Brien OConnor
Accounting Set Up Basics
10 December 2016 | 17 replies
Once I start acquiring over 10 units, then I might consider a book keeper, but for now I want to cut costs and be over looking all numbers.
Account Closed
How do you find private money for buy and holds deals
5 November 2016 | 3 replies
Took me years of saving and cutting back on a lot of luxuries like not having a cell phones for 5 years and eating peanut butter jelly sandwiches religiously everyday to save on lunch cost.
Mark Allen
Owner Carry Seconds on Apartment Buildings
5 November 2016 | 7 replies
I was considering this (an Installment Sale) for tax consequences, but decided to make a clean break and we closed with a Commercial Loan for the buyer.Could age of the owner be a factor - - maybe, but I would guess inversely related; younger may really be interested and older just want to cut and run.
Paul Winka
Window screens required by IRC? What is code reference?
9 November 2016 | 19 replies
People cutting costs the wrong way for the wrong reasons may try to avoid replacing them placing their tenants and their tenants' children at risk.
Simcha Davidman
Residential vs. non-residential mortgage
21 November 2016 | 8 replies
Had a change of heart the day after closing" is held up as the classic example of clear-cut unambiguous felonious mortgage fraud, when they train us.It's never happened to one of my people, but other BP members have posted that mortgage loan underwriters have discovered self-incriminating posts, like the OP, via Google, and denied mortgage loans as a result.
Nicole Jacobson
Sell or Rent? Any opinion appreciated.
6 November 2016 | 3 replies
Agree with Marc Woodward If it's going to be an investment you gotta cut the emotional attachment.
Account Closed
How we benefit from Wholesalers
13 November 2016 | 27 replies
Others do so because why bother getting a license when they can cut corners and avoid all the red tape.