Hey Guys!I got pre-approval in December but could not close the deal and now I applied for another pre-approval last week for new construction that I found but it will probably close by august or September. That means...
Has anyone had any experience with no doc commercial loan programs ? I’ve got a property under contract and trying to look at all of my options ,either conventional ,or no doc commercial multi family loan. I’ve got...
Hey BP Community,
I’m curious about how much other real estate investors are paying for their tax preparation services and accounting. Specifically:
1. Tax Prep Costs: What are you typically paying for tax pr...
I check each tenant's credit report as a part of the application process. Typically, I would enter the information and get the report. Now, the credit check service I use now has the potential tenant log into their ...
Hi all,
Just a quick question. I have been accepting mortgage payments on a property that I sold for the last few months. I would like the buyers to get credit for always paying on time "so far." I asked my CPA and h...
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I recently received a letter from a company claiming that they can give me funds up to 250K, no credit check, not reported to credit bureau, and between 6.99 - 11.99% interest, up to 12 year amortization, and funds in...
Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...
A cost segregation study is one of the most beneficial tax benefits for commercial real estate properties. One key piece of a cost segregation study is identifying the land value of your property as it helps you be co...
I was talking to a lady in the business loan department that handles are bills and they made a mistake on one of are payments and did'nt record the payment and thought we were late. So we called them and got it all fi...