Joddie Mcclain
100% Commission Agent Beware
I've been approached by agents who have suggested working for certain companies that give you 100% commission and no desk fees. They are legitimate brokerages; however, is this something that I should be leery about??...
Jennifer Connolly
Paying down Car Loan to Improve DTI
Hey folks,
I'm planning on getting a preapproval soon, but I have a DTI issue I need to resolve.
I pay $380 per month for my car and have 16 months of payments left on it. Unfortunately, with my low inc...
Gary F.
Monetized Installment Plans?
Looking at alternatives to offset or defer capital gains. Yes I know about a 1031 exchange so that remains a viable option. But I’d like to have more freedom with the monies such as buying on auctions or other investm...
Bob Malecki
Borrower BK 7 Discharged but not closed?
I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
Wala Habiby
Roth ira, 401k vs Real Estate
Good evening,
I have been dealing with Real Estate for over 10 years and personally investing for over 5 years. I have grew my portfolio tremendously in the past few years with a $1,000,000 in equity BUT I have been...
Jordan Naeem
Free and Clear Multifamily partnership advice
Hello everyone,
I'm a newer investor and looking for a little advice for a potential partnership and multifamily investment. I'll try to give as much detail as possible so sorry if this is a little long-winded.
I ha...
James Maher
Depreciation basis
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
Michael Seeker
Legal? Logical? What do you think?
I've been running over some ideas to raise capital and have come up with this...let me know what you think.
Note: This will only work as long as I can get investor loans on properties, so for potentially 10 properti...
Slavik Lund
VA loan, LLC and interest rates.
Good morning nation,
This may have been answered before but I have a unique caveat in which I don't believe has been addressed.
I recently purchased a 4-plex (in my name) using my VA loan. It is financed at 3%. Due ...
Joel G.
Cash Down vs. Cash Flow
Edit: Not sure if this is the correct forum, but I'm not sure how to move this to another forum, my apologies. =================Hey All,I've had a general question and I'd like to see what BP's thoughts are on it. I'm...