Luckily in my several years lending, I haven't had any deals get too messy so I don't have much experience with finding creative ways to solve problems and my attorney is sometimes not aggressive enough, IMO. So I am...
I owe 28k on my rental. If I paid it off, it would bring $800 in extra cash flow per month.I want to purchase another property for vacation rental or another single family rental. Advice? Payoff current, leverage it t...
Hi syndicators. Has any of you guys used one of the crowdfunding platforms to fund your deal? Were you able to raise the amount quickly? What qualification the platform had for you as the sponsor? Would love to hear y...
Hi Folks,
I am looking at resort condos. These are owner deeded properties. You own them, not time share. Here are the specific financials.
proposed sale price : $400K
Net operating income
after association dues, ...
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
Has anyone withdrew upon their company sponsored 401k, while paying the 10% penalty? What was your thought process?
Hey BP!Wanted to bring a current decision I'm facing and leverage the power of this community for advice. Long story short, my family and I are considering moving, and I'm trying to figure out the best financial move ...
is there a way to take some of the $ out of my ira & use it to pay cash for an apartment building without causing a taxable event?if so, can i stick the cashflow generated from the apartment building into my gener...
I'm sure you all saw in the news last week another heavily Texas based investment team (Tides Equities) is facing loan maturities amounting to $1.5 Billion (with a B) backed by poorly performing properties, that will ...
Hi Everyone,I've been a quiet observer on these threads for the most part, but given these precarious times, thought I would get some community feedback. I own a 4-plex in South Scottsdale which is under contract for ...