Jesse Kerr
Quick Property Analysis
Am I making this to complicated regarding sizing up a property? I have one lender that I can use a "cross collateral" loan, meaning using the equity in my house as equity and he will finance the entire purchase. I j...
Kishore P.
Zillow dumping, despite HOT prices defies convential logic
This news is interesting given that the Pheonix market is super hot. We can only articulate Why? #Zillow has decided to dump its home inventory in this MSA. The following are a few that comes to mind:
(1) Holding cos...
Zachary Perrin
Finance, Find deal, Offer, Estimate costs, SOW, Offer Timeline
Hey Investors and BiggerPockets!
I am struggling with the timeline of getting a loan for a flip, offering/negotiating, estimating costs, appraisal and developing your scope of work. This has a lot to do with I'm new ...
Kevin Oberlin
Security deposit and light damage to wall
What would you charge to the security deposit for this damage to the wall?
Arth Patel
Help needed on potential short sale
Hello,
I am looking at putting an offer for a short sale property and have some questions. It is an older property that was appraised for 117k a couple of months ago. The current owner owes about 114k on it, and the...
Patrick Bowen
Lenders for Condo Flip - Connecticut
Hey Gang - I'm looking to locate a lender who will help fund a condo flip in central Connecticut (ideally also fund reno costs). I know when it comes to financing condos, it can be tricky. However, this condo is warra...
Andy N.
Apartment owners...management questions
I am looking at a 48 unit that is managed by a property management company and has an onsite manager.
How are you managing smaller complexes ?
What are you being charged ?
Any other thoughts would be great.
Thanks
...
Cathy Bourbois
Line of Credit for a flip? Portfolio loan? Pros & Cons?
Hi. I'm a realtor considering doing my first flip. Trying to figure out how to best get money to finance it. My husband and I could get a 100k line of credit against our stock portfolio (4% interest only payment.) ...
Daniel Dietz
What 'offsets' passive losses? Notes? Owner carry interest?
Hello All, I am well under the income threshold to be able to take the up to 25K in passive losses on my rentals right now. However, I am looking at some larger properties and doing Cost Segregation Studies that would...
Sergey Kalina
Tax Question House Flip
Hi,
This may be a silly question, but I was told by a couple people that not all the money you invest in a house flip can be deducted.
ie. I'm finishing up a house flip and have done a full gut on the project. Would...