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Results (6289)
Joe Gee Finished Fix and Flip, not sure how to calculate profit
16 March 2022 | 4 replies

I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...

Greg Virgin Property Management - Charging insurance or Owner for disaster management
5 September 2023 | 10 replies

I manage a residential single family property for an owner. Last week a very large tree fell on the home causing significant damage to the structure and forcing the tenant to be relocated temporarily while the insuran...

Michael Bru Looking to buy first property, FHA or 20% down?
28 November 2018 | 7 replies

Hello all, first post! I moved for work into a fairly hot market for real estate, Asheville NC, and I’ve been seriously considering real estate in the area as people are coming here in droves. I don’t have a ton of ca...

Dianne Kelly Do you need money for hard equitylan
2 February 2008 | 4 replies

I have found a great deal that is 63% LTV in Florida. Unfortunately, all the hard money investors are asking for 10% of the purchase. Is this required?

John D. New Western Acquisitions - What or who do you know?
21 May 2018 | 6 replies

Does anyone have experience working with New Western Acquisitions?  What is your opinion of their process, people, integrity, anything?  I have an opportunity to work with them not related to buying their properties.

Jason Malabute Is interest rate cap payment received by the borrower considered income?
18 July 2023 | 8 replies

Is interest rate cap payment received by the borrower considered income?

Is the following statement true:
Under Generally Accepted Accounting Principles (GAAP), interest cap premium payments received by the borrow...

Ivailo Dimov My commercial lender is having me pay for construction funds it hasn't yet disbursed to me yet. What do I do?
25 January 2015 | 6 replies

Hi,I bought a home on a commercial renovation loan structured as follows. Before construction, the home was appraised for $80,000, and after-complete the appraisal value is $120,000. The lender was supposed to disburs...

Kathryn Knoblauch Covid Relief for Landlords Tax Question
11 October 2022 | 0 replies

I had a house rented in 2020 and 2021 to a tenant who quit paying due to job loss as a result of Covid. Because I was not receiving rent, I did not deduct depreciation.  She applied for rent relief and I was reimburse...

Nick Manfredi Online lead bought through ISpeedToLead
1 February 2023 | 1 reply

Here's my experience with online lead company ISpeedToLead so far...  Could be "iffy" we'll see. 
 Below are examples of my last 3 leads which cost $1,160.00. I'm giving as much objective transparency as I can below...

Debbie Pelloski Question about evaluating a deal with prepaid taxes
13 July 2018 | 2 replies

I'm a newbie in Michigan and property here requires, so far as I've been told, 13 months of prepaid taxes. I'm wondering if I should be figuring that into my cash in cash return since I will need to bring it to close,...