Sheila Reyes
NYC Downpayment Assistance Program
I was curious to know if anyone in NYC here has tried this program for down payment assistance on an investment. If so, what are your thoughts on it?
http://www1.nyc.gov/site/hpd/owners/homeowner-downpayment-assistan...
Matt Pursley
Sell or Refinance?
Curious on if anyone has a rule of thumb on when to flip or when to refinance and keep as rental? Certain amount of cash flow? CoC? Etc?Recently I’ve only kept a few properties which cash flow extremely well, otherwis...
Kerry Baird
Veteran here - I attribute much of my success to my service
Happy Veterans Day to my fellow brothers and sisters in arms! I learned so many skills in my military service that I currently apply to my real estate business. We learned discipline and to be bold in taking action....
Allen Smith
Refinancing Rental And Getting Initial Investment Back
Let’s say that I have completed the needed work on a rental property, and I get the reappraisal and refinance completed. How exactly do I go about getting my initial investment back? During the refinance portion do th...
Ivan Shao
Use business loan to invest - TAX Question
Hello, BP!!I anticipate to obtain $100k business loan from my own business early 2017. I would like to use it as down payment for upcoming investment property; and pay out the premium and interest of the business lo...
Account Closed
Save capital for REI or business ventures, not 401k, IRA, Mu. Fu.
I agree with Swanny. Mutual funds, IRA's, and 401k's (maybe if there is a company match-free money) are a waste of time. Save money for real estate investments or even when the right business venture comes along. S...
Dave Pricken
Price Reduced on 17 Units!
Hey guys, I took all the information that you shared, (Positive Cash Flow, Won't Sell?), it was greatly appreciated, and was authorized by the seller to reduce the price of this package to $350,000 and whatever I get ...
Dave Poeppelmeier
State of Ohio Assistance with Rent
Gov. DeWine announced Ohio is offering $50M in rent assistance to lower income tenants who are behind or unable to pay rent this past Friday.https://businesshelp.ohio.gov/...https://businesshelp.ohio.gov/...This progr...
Marquis Byrd
Using a FHA loan to purchase first flip.
I’m ready to dive into my first investment, my only problem is I don’t have the funds to put down 25 percent for a convential mortgage. I see FHA loans only require 3.5 percent which is a lot closer to what I can do r...
Nick Peraino
Cash out refinance accounting question
Hi folks, is anyone able to advise me on what account in my chart of accounts to assign the cash that I received from a Cash out refinance on a rental property? I am aware that this is tax free money and I would like ...