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Results (10,000+)
Art DeBrito Can a real estate broker pay their agents?
4 May 2020 | 2 replies
No, independent contractors have the ability to apply for a PPP loan on their own so they do not count for purposes of a borrower’s PPP loan forgiveness.The thing is, they approved me for the loan.
Faraz Rashid Seeking advice on Scenarios for 1031 Exchange/Loans/Cash on Hand
13 May 2020 | 8 replies
I am not on the 1031 exchange but I will be providing support for loans, income, etc.Scenario 1: Purchase 1st, 2nd, 3rd property with 1031 exchange X amount fulfilling transaction and all requirements for exchange granted all financing is approved and completed.Scenario 2: Purchase 1st property with 1031 exchange under parters name only, fulfill requirements for exchange, acquire rest of funds with no tax, then complete 2nd and 3rd property transaction with funds on my name only.Scenario 3: Purchase 1st property all cash with 1031 exchange, HELOC on 1st property to acquire property 2 and 3.Look forward to hearing what the BP community can assist with and allow me to learn through this processThank you!
Ryan Mertens Withholding part of deposit for cleaning in Salt Lake City Utah
6 May 2020 | 3 replies
If this is the case, I would then think I could modify the wording in the lease that upon move out tenant must provide a deep cleaning service of property and that I must approve of the professional who is hired.Any advice?
Nathan Draughn Pets ... exceptions, deposits, rent
4 May 2020 | 4 replies
So I have a few questions;- Should I entertain exceptions, a 'pets on approval' policy - based on breed, behavior, etc?
Rory Compton Considering a short sale, what happens to the sellers?
6 May 2020 | 17 replies
If the owner is current on their payments, the bank is not going to approve a short sale.
Reh N. Hard money lenders for investment property
7 May 2020 | 6 replies
I want to get a mortgage but will most likely not be approved because my personal income being low.
Yaniv Tivon Preparing to Invest Far in Advance
13 May 2020 | 5 replies
I have a few questions I'm hoping someone more experienced could give his insight on:1) I have the capital for the down payment if I get an FHA loan, but, as a graduate student, my W2 salary (stipend) is laughable and my DTI ratio would likely be too low to have the loan approved.
Timothy Vint Fix and Flip, as easy as HGTV makes it out to be?
7 May 2020 | 23 replies
One of my projects, I hired a contractor who handled almost everything after the plans were approved, and I have also done a few others where I was extremely hands on.
BJ Min Real Estate Strategy for Beginners? (What is recommended?)
5 May 2020 | 1 reply
Again, you receive all the benefits of being the primary residence and you might be able to get pre-approved for a more expensive property because the rent from other units can be counted as income (up to 75%) when evaluating your monthly payments.Hope this helps a little!
Marcus Britton Unsecured Loans for BRRRR strategy
5 May 2020 | 4 replies
Lenders like Lightstream and Sofi will often approve and fund loans within a couple days.