Ana James
Holding deposit confusion
22 March 2018 | 5 replies
They are saying your request is cancelled and you owe us $80.Now I'm concerned about the legality of the document and if I'm obligated to pay more than the deposit in this condition when I eventually agreed to move in on the decided move in date.I'm ok paying them to avoid the situation of them reporting me to any Credit bureaus for $80 but I'm curious about the legality of the document.
Terrence Williams
Apartment Building Financing Do's & Don'ts
23 March 2018 | 8 replies
My very first meeting with lenders, I had mapped various sample financial deals (one for each lender) from the biggerpocket.com calculator, printed them in pdf color and showed the lender that I had an understanding/command of certain business terms (cash on cash, IRR, ...etc).
Lavette Pittman
Business lines of credit funding
16 April 2018 | 3 replies
Hi @Lavette Pittman ,If memory serves correct, Sprout is an intermediary that connects you to the actual financial institutions that provide the funds, and they get a commission on you attaining those LOC.
Collin Schwartz
Best tasks for bookkeeper/assistant for self-managed Buy and Hold
12 April 2018 | 0 replies
Paying bills and recording financials.2.
Glenn Hamp
Multi family apartment opportunity
13 April 2018 | 2 replies
My financial models show 15% cash on cash return on a $950K investment for 65% of the equity.
Steve C.
refinance after 6 months
12 April 2018 | 7 replies
However, if it makes big financial sense to refinance within 6 months, maybe can I even pay some penalty voluntarily to make up for the loss of the original lender?
Peter Halliday
Tax Lien Investing in Chicagoland
24 March 2019 | 1 reply
I have some financial analysis I've done to help get some tax liens in the NW suburbs where I live.
Matt Leonard
Cash-out refi on primary, to pay off/down rental ARM?
13 April 2018 | 5 replies
But this scenario also gives me the flexibility to not have to do that in an financial emergency, or sock away more cash flow towards the next investment.Any pitfalls I am missing here?
Michael Pursell
Intro to BP and seeking beginner advice
13 April 2018 | 1 reply
Hi BP,I've recently discovered this community and am very thankful because I feel I was able to course correct my mindset before I made my first big financial decision in real estate.
Jerry Cinor
Pros and Cons of cash buying!
16 April 2018 | 41 replies
Pro - You have no mortgage obligation every month so there is no need to freak out every month a tenant is late with the rent.Pro - You have no mortgage obligation every month so there you don't feel pressured to rush to fill a vacancy with an unsuitable tenant.Con - You have no mortgage obligation every month so there is less of a tax write off and you are more likely to pay more taxes on your rental income.