For those who have purchased hotels or apartment complexes. What’s the average liquid capital needed for something that size? Curiosity question mainly to satisfy my wonder of whether or not I want to venture down tha...
Short question: Can the interest from a hard money loan be used for tax purposes the same as a conventional mortgage? What if it is an interest only loan can it all be deducted on your taxes? Thanks for any input!Sorr...
I have a question, I'm closing on a flip next month and need help with my final buying costs based on my HUD. I've done the calculations, but my numbers don't add up. --------------------------------------------------...
Hi Everyone,
I am looking to use my VA loan to purchase a condo/house with an assumable mortgage. I am searching in San Diego and Orange County areas. Does anyone have any recommendations for a real estate agent that...
Maybe some expert in here can tell me what's going on?
In the last 3 weeks, me and my wife went to 3 different banks and tried to obtain a loan. Fifth Third pulled our credit score on the spot from Trans Union on Mar ...
I requested in writing to have the PMI removed from a conventional residential mortgage loan. The loan is less than a year old. My LTV is 78.7. Per the closing documents and Freddie Mac guidelines, I made a conforming...
My hardmoney lender told me placing the hardmoney loan in my personal name, refinancing with the bank, and then transferring title to my llc is the best way to go about a brrrr in Texas, as it allows more exit atrateg...
Hi Guys , I'm not very smart, so I'm turning to the smart people for some clarification. Can some one tell me what the below means. I got it off the FHFA website.
is it saying, If I owe 6 payments via forbearance, d...
Any note investors here? What do you use for your 1098s? The site I use for contractor 1099s (esmartpayroll) does not provide.
Hello BiggerPockets!First post here, I recently purchased my first property In January (duplex). I’m currently living on one side and renting the other side out while also having roommates. I’m cash flowing 250$ a mon...