Allen L.
Small commercial multi-family general questions
Hi guys,I have a few general questions about investing in small commercial real estate properties:Estimating expenses:- The property is located in uptown NY and has four 1/1 units and one 2/1 unit and was recently reh...
Daniel Sabato
Question about DTI & Pre Approval
Hello everyone, as with all my questions I’m coming straight to the place where I always find the best info! Just to give some background, I’m planning to buy a 2-unit house, bottom floor is a 3bedroom unit, upstairs ...
Anthony Simboli
Finding a good lender
In the process of trying to better understand my loan options as I prepare for my next investment. I have two properties I'm wrapping up with right now in MA but I have since moved on to NH and would like to revisit l...
Autavea Dabney
Cash Back
I have been doing some research on cash back at closing. I have found different opinions as to the legality of such transactions. What I am consistently finding is the purchase price is inflated fraudulently so the ...
Sean O'Keefe
Senate Blocked Tax Bill With 100% Bonus Depreciation
Yesterday Senate blocked further action on The Tax Relief for American Families and Workers Act of 2024, H.R. 7024, which includes the extension of 100% bonus depreciation.
Yea-Nay Vote. 48 - 44 record of how Senato...
Account Closed
Financial Structure for Flips
Hello everyone. I am preparing for my first flip. I enjoy reading about individuals success on this site and plan on being an active member.
I haven't met with any banks yet but working on my financial model ...
Keren Messing Guy
Tenant ended their lease with a large sum in debt due to damages
Hi Everyone!I would appreciate some advise (preferably region specific) on what to do:I have recently sold my rental property in Rockwall, TX. The tenant has been renting it for a few years, had two large dogs. When t...
Bob Blackburn
Private Lending-Second Position Note (Birmingham, AL)
I have an opportunity to provide a loan around 12k with an interest rate of 30%. The borrower has about 200k equity in his home. He has bad credit, and outstanding debts that he needs to pay (hints the loan for 12k). ...
Dan Haney
REI in Colorado
I am puting the pieces in place in order to control my own destiny and create wealth via REI in my home state of Colorado. I am preparing to get my RE license and as a numbers guy (accountant) I'm even considering a m...
JDee Moore
Name on Deed
My wife and I recently got married but have been living together for the last 8 years. She purchased a house (FHA Loan) that we are currently paying a mortgage on. Her name is the only name on the Deed. We are tryin...