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I currently live in and own a three unit building in Chicago. With the rental income I still pay a few hundred dollars a month toward the mortgage/taxes/insurance. Looking for advice when it comes to filing my taxes. ...
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Hi! I’m connecting private money to an investor who needs $ to fund flip. How do you calculate your Finder fee, based on the projected ARV of the property? Or on the amount being loaned? When do you expect to receive...
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Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending. Im curious about how the successful private money lenders have established...
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We have 8% pref and plan to refinance into GSE on year 3. We return 50% of the capital to investors. Do we split this payout like any other cashflow? Let's say we have a cumulative 70/30 split. Let's say year 3 brings...
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Good morning,My wife and I live in a 4-plex that we bought about 1 year ago. Our plan is to continue to purchase 4-plexes in the future. We bought the first one with an owner occupied FHA loan just in her name, and pl...
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Hi BP!
I'm directing this discussion to all military people and anyone that lives near or around bases with great investment opportunities.
I am a younger enlisted soldier. Airborne infantry. Soon to be heading to my...
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Hi guys, I am under contract as of today on a multi family property. My issue is the owner is telling me that a fully occupied building doesn't have any deposits left for me to collect at closing. I ask why and he sta...
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-How do taxes work on tenants rent money?
-What is "buy and hold" property?
-What is a "note"? I typically/roughly know the answer to some of these and I hope the get more complicated as I decide to keep asking them...
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I understand how the deal syndicator will get paid on a deal (asset management fee, acquisition fee, etc) but how (specifically) would an investor who puts money into a deal get paid? Concept and examples are apprecia...
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HI BP Community!I'm curious what the current response and conversion rates are for my local New Jersey RE Investors. It seems that for me, both have decreased from this time last year. Quality deals (let's say arou...