Natalie Kolodij
Will your rentals qualify for 199A? New Guidance!
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
Nicole Varasteh
Can I lose my loan with an environmental questionnaire?
Ok finally for our first purchase of a duplex in New England, that’s from the 1900 but great potential the bank wants an environmental questionnaire. Well it’s probably gonna have lead! We’re planning on new windows. ...
Frank Kosiba
Investment Property Refi in Boston, MA - Seeking Lender Referral
Happy Friday BP folks - Does anyone have any local (to Boston) banks that are currently doing investment property re-fi for a mult-family at 80% LTV? Ideally, I'm looking to get a referral to someone at East Boston Sa...
Kazi R.
Setting up an escrow account for security deposit in GA
I need to open an escrow account to keep my tenants' security deposit. So far I have stopped by 2 different banks to inquire about escrow account, both of which told me that I could just set up a checking account for ...
Andrew W. Legoff
Private Lender or Bank?
Cash flow and access to capital are common problems for real estate investors and house flippers. The more properties you have in your portfolio, the harder it is to get conventional funding. Many investors turn to a ...
Bryan Hancock
Why Do Banks Want "A Relationship" If They Want To Reduce Concentration Risk?
I recently read a piece by a popular author that observes real estate investors are gypsies when it comes to getting loans. They generally roam from lender to lender to get the best deal at the time for their situati...
Shane M
Buying a property with your LLC
Hey everyone, I'm curious what the actual process is for this. Do you go to the bank and get financing for your LLC (to purchase a property) and then sign a personal guarantee? Or can you get financing yourself and ju...
Lawrence Cole
What is the best financing method to invest through an LLC?
Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
Brett Babcock
Problems selecting a property management system
We have a 275 unit portfolio in Chicago. We currently use Quickbooks Enterprise for financial tracking, and we do ACH rent collections for about 40% of our tenants manually through our bank's website. We don't current...
Jason Burton
Enterprise, AL
Just trying to find anyone from southern Alabama who knows a little bit about the local market there in the Dothan, Enterprise, Ozark area.