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Hi all, I tried searching but could not find the answer. I have two questions that have been on my mind for a while and hopefully someone here can answer them.
1. Is interest from hard money loans tax deductible?
2....
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I've found a 6 unit apt building for sell, asking is 159k, gross rent is 2610...Water and trash run 100 bucks a month combined on average...Some more some less. The agent that brought me the deal is confident I can g...
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Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income. Notice, ratios, plural. There are two and they indicate different risks to the lender, Front-E...
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I am looking for recommendations of a financial planner in the twin cities of Minnesota that is familiar with real estate investing, as well as other investment types (stocks, bonds, IRA, ETC.) I want to continue inv...
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I am in the Madison, WI area and a new to real estate! Recently there was a foreclosure put on the market. From my unprofessional eye, the foundation looks respectable after walking the property. My question is, when ...
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I have submitted a bid on a lot that was struck off at a tax delinquent auction. The attorney who represents the taxing entity and I have been in discussions regarding my proposal. Apparently, I'm not the highest b...
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Hello BP family!My questions are two fold.First question:I am looking at a house on MLS that is owned by the USDA (repo'd). It's in a great area; just one block from a good middle school. I want to pick it up as a r...
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So I will assume you are someone like me when I was 19. So taking to that newbie I will tell you what you need to know right now. Ready?
1. Understand the rule of real estate investing in terms of the tax code. Go...
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As the commercial real estate sector faces significant challenges as mounting defaults, rising delinquencies, and shifting demand reshape the landscape. So how are banks, lenders, and investors navigating the turbulen...
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Hi all. I'm looking for input on a possible sandwich lease option deal, or a pure lease option with transfer/sale of the contract to the tenant buyer. A good friend purchased her rehabbed row home on a quiet block of ...