![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1942508/small_1674792351-avatar-bens438.jpg?twic=v1/output=image&v=2)
Curious the difference between hard money vs private money lenders? Could someone please explain to me and let me know the pros and cons of each?Thank You!Ben Scarborough
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1606086/small_1696551210-avatar-lorif30.jpg?twic=v1/output=image&v=2)
While I was waiting for my doctors appointment (regular consistent mental health Dr.) the apartment complex served me a letter that they were notified of an animal and placed a $400. Once I had the letter in hand I to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/572970/small_1621492883-avatar-sueb12.jpg?twic=v1/output=image&v=2)
With regards to the above.1. Is it also known as:a. "outstanding balance"? And:b. the balance owed to the note holder?2. Does anyone know of an online dictionary specifically for notes, mortgages etc?Thanks
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/139104/small_1621418916-avatar-burk001.jpg?twic=v1/output=image&v=2)
I finally received a much need promotion about half a year back, I have been saving up some funds. I do believe I will soon be trying to contact some people that might be in pre-foreclosure in the surrounding area....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/424643/small_1694707438-avatar-tarikn.jpg?twic=v1/output=image&v=2)
I have a four duplexes in Baltimore, and I am not sure which strategy is best for liability protection: 1) create an LLC, but transfer taxes are pretty prohibities, 2) have an umbrella policy ($1M? $2M?), or 3) a comb...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1207092/small_1621510204-avatar-taray2.jpg?twic=v1/output=image&v=2)
So my FIL (father in law) currently holds the mortgage to our home. We would like to do a cash-out refi and we have run into challenges because of the privately held mortgage. We need to know for tax purposes should h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/27914/small_1621364222-avatar-strimb.jpg?twic=v1/output=image&v=2)
Hi,
This is a tax question for flippers out there. Is HR Block premium a good tax program to capture flip income? If so, under which category do I report it?
My 1st year reporting flip income (had rentals before) an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1453503/small_1621512455-avatar-adriani7.jpg?twic=v1/output=image&v=2)
Hi everyone! I am seeing how affordable condos are in Manhattan compared to downtown LA where I live. I had read about the exodus in NY and CA has had its own version last year.Some of the condos I’m seeing in the MLS...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/281453/small_1621441317-avatar-pattyh3.jpg?twic=v1/output=image&v=2)
I don't currently have an accountant; I have been a devoted Turbo Tax user for over 15 yrs. I even (I think, I got a refund) got through the forms for my duplex purchase in New York last year.I would like to find a CP...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/small_1621432102-avatar-mindyjensen.jpg?twic=v1/output=image&v=2)
Hi there, fellow agents.I was under the impression that the only person who could pay an agent is their employing broker. I thought this was a law, but can't remember if it's CO specific, or maybe I just dreamed the w...