John Patrick Lasher
. $3.8 million deal on the hook
9 October 2024 | 8 replies
Mezzanine Financing: This type of subordinate financing can help fill the gap between the primary loan and the equity you're contributing.
Wyatt Dursteler
Hello BiggerPockets! New PRO here
31 October 2024 | 2 replies
Quote from @Wyatt Dursteler: Welcome to the BiggerPockets forums!
Account Closed
Which of the following would you...
1 October 2024 | 6 replies
Which of the following workshops would you LOVE to attend this November?
Patty Mac
put siding on in 2023, but paid in 2024
8 October 2024 | 4 replies
Hi Patty - it depends on type of accounting method you use. if you are using cash method accounting, you can capitalize and claim in 2024.If you follow accrual basis, you record in a year when service is completed.Hope it clarifies.
Tanya Maslach
Getting an LLC?
8 October 2024 | 10 replies
I used LegalZoom for the first one and do all the rest in the same fashion on my own.
Ty Voyles
3307 Wyndham - Alexandria, VA - "Subject To" Fix & Flip
31 October 2024 | 1 reply
Purchase price: $273,000 Cash invested: $60,000 Sale price: $375,000 Purchased the property with a "subject to" agreement, did a cosmetic renovation, cleared outstanding condo dues, and resold the property.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Quote from @Carlos Ptriawan: for example, the following are the sample request from GP to LP when they ask loan modification to occur :I changed some word to make this remain anonymous********As GP we had negotiated the following loan modification conversations with the mortgage lender spanning the past year that successfully reduced the accepted principal repayment from the original $2X million loan balance to most recently to $1 million.
Deborah R.
Repair Roof or just Wait for a Storm?
30 October 2024 | 12 replies
The repair quote was over $1,200.
Charlice Arnold
Ready to Scale? Tell Us What Loan Features Matter Most!
1 November 2024 | 1 reply
I can refinance when rates drop in the future.