The SFH home we thought we had rented as the tenant was going to extend his lease, but that didn't pan out so we still have that one on the list, but 3 out of 4 ain't bad!

Specifically, he is a General Partner in a LP company with $11m of pure equity from his extended family:- 5 years of successful financials of lending (ROE ~12%)- 100% equity - no debt- perfect credit, good net worth and good income (from the company)... willing to give personal guaranteeHis goal is to increase flexibility and cash efficacy in his hard money lending business through ~$1m line of credit (very low leverage compared to $11m equity).Does any one know how to find a lender that would finance a successful hard money lending business?

Repercussions of eliminating the 1031 exchange could have far-reaching effects on commercial real estate markets that already are suffering due to COVID-19.

We originally posted with “no pets”.With the pandemic and rents down already our concern is if we pass and don’t get another tenant quickly we will be stuck carrying the mortgage for an extended period.Does anyone have experience with tenants with rabbits?

You goal isn't to fix and flip or wholesale, you plan on living in the property for an extended period of time and reduce your living expenses.

You could do a new lease to extend if you wanted to.

And if you do receive renters from the site, you’re more protected in case those renters over extend their stay.

Medical Payments: Provides coverage for an injury suffered on the premises.

For a commercial loan that may have 30 yrs amortization with 5 yr balloon payment, would the bank renew/extend the loan after 5 yrs or enforce to make the balloon payment.

.#2 Elimination of 1031 Exchanges - Very big deal, it'll f-up the investment RE business for an extended period.