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6 August 2024 | 6 replies
Like Caleb's response, in Florida, a landlord can't terminate a specified lease term on grounds the the landlord wants to sell, unless the lease provides the landlord with that termination option.
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6 August 2024 | 4 replies
The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers current business waspreviously filed as sch c and confirm how long been in business for."
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30 July 2024 | 0 replies
Purchase price: $140,000 Cash invested: $30,000 Sale price: $350,000 SFH - Long term hold
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5 August 2024 | 6 replies
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?
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1 August 2024 | 10 replies
Also remember that Real estate is a long-term play so even if the cash flow isn't a "home run" right now you can refi later and hopefully even pull out some equity you can put down on another one, bringing you closer to financial freedom.Thanks for reading BP!
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2 August 2024 | 10 replies
Hello everyone,
I've been trying to buy property in my home market of NYC, but it's been quite challenging. I'm considering looking into Pennsylvania or upstate New York instead and would appreciate any advice. I've ...
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6 August 2024 | 13 replies
I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).
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6 August 2024 | 0 replies
Unfortunately this was held way too long due to a number of factors, including COVID, city planning and permit delays, delays in construction and materials, and additional delays by city.
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5 August 2024 | 7 replies
The terms are not as attractive on a mixed use loan compared to a 1-4 unit residential loan.
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4 August 2024 | 5 replies
As long as I keep track of what expenses belong to which LLC, is it safe to continue running all of the payments and credit cards through the holdings company and then just divvy it up during tax time?