Kristen S.
Who should pay for thr initial cable installation?
I bought a house just to rent out and have secured a renter. It just came to my attention that WiFi is set up beautifully with Ethernet, but no cable line has been ran to any rooms in the house. The cable connection i...
Adam Joe Wolf Jr.
Paying yourself back the initial investment for LLC
Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
Jean-Thierry Aleman
Mortgage interest deduction when paying cash for initial purchase
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
Justin Lee
Refi out of private money loan
I am currently wrapping up my fix and flip and wanted to look at refi options in Atlanta , GA. What’s the best way to go about it. Also what’s the benefit of refi vs sale
Shankar Sridhar
Seller financing deal with negative cashflow in California
Hi, I have been talking to a seller who has hinted about selling this property via owner financing because he wants to avoid capital gains as much and does not work to further handle this property. It's a 4-unit prope...
Brendon K.
What kind of loan is used in BRRRR for cash offers?
David brings up an interesting point in his BRRRR book. He prefers to buy properties with cash straight up so he doesn't have a beginning mortgage. He mentions numerous advantages of paying with cash.When you pay for ...
David Bilandzija
LLC & Trust, no EIN - How can I open a bank account?
Hi BP,I'm representing a borrower in FL and we are at clear to close on his cash out refinance loan (investment property). We cannot close because he wouldn't be able to cash the check for his cash out proceeds. The ...
Bethany Kerr
Need Advice: How to pay "partner" after initial first flip
My first flip closed in March and was a huge success. I self funded the project 100%, but, agreed to pay a friend 35% on my first flip for his knowledge from pay flipping experiences with a family member. He helped ...
Jazz May
Notes Held by Failed Bank
What happens to notes held by banks that were closed by the FDIC. If mortgage payments are still to be paid to the closed bank, what happens to the payments?
Daniel Klebba
How much do you put down?
How much money do you typically put down on an investment property? If your giving a dollar value please give me an idea of the purchase price.
Most banks are requiring 20-25% in Michigan but I'm not sure it's the b...