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What’s up BP!!! Have a question about the $25,000 offset I’m hoping someone could answer for me. To be clear I’m referring to the up to $25,000 in passive losses that the IRS allows you to offset your earned income by...
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Hey BP!I'm under contract on a 4-plex and I have the property inspection coming up.I have a contingency in my contract for the property inspection, but what does that really do for me?I don't expect to find much (or r...
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So I need HELO with creative financing solutions. My family does not want to invest in real estate they are too scared. I am not scared. I have one STR and have a blast managing it by myself from over 100 miles away. ...
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Is this guy a scam artist or real deal?
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The flexibility of an All-in-One loan has some appeal on a primary residence to be able to keep your equity working for you. The lender gives you a 1st lien HELOC with a 10-yr draw period, rate is variable , and it is...
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I was recently approved and received loan terms for a new construction SFR spec loan. I have experience with fix and flip but this is my first new construction project. The interest rate is 12.5%, which is understan...
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Hello,
Ive been mind boggled about collecting my assignment fee. I definetly know an investor can pay your assignment fee to you straight out of his pockets, but I know there has to be times that the investor doe...
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Okay so I have a bit of a rant here. Last year I did a JV deal with a guy I didnt know. He wanted to do a JV deal. After closing he decided that he wanted interest of 20% per year(because he didnt know me). Feeling li...
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BP,
Has anyone had any luck getting a judgment against a former tenant if the tenant avoids the 20 day summons and cannot be served? The eviction is the easy part. The 5 day summons gets posted to the door ev...
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Out of state owner looking to sell home in Mesquite, TX (near corner of Ripplewood Dr. and Salerno Dr. for reference) for higher price through creative finance. Open to:--Seller carry wraparound (with my current 1st a...