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My main concern is on how to pay the money back and how much interest do I pay. Lets say I do a one year promissory note at ex. 10% for $60k. Do I pay $6k to the person no matter when I pay it off before the end of th...
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We pulled 200K out of our rental. With the new loan, 25% was still covering previous rehabbing and the 75% we used to pay off personal loans. Do you feel any of this interest is deductible on our rental property? I...
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I've got some extra cash and wondering what the community thinks I should do with it? I have a couple of rental properties that I can put a sizable dent into. It wouldn't pay them off, but it would help with some cash...
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If a LLC is formed by multiple owners, does hard money lenders or lenders accept, one or more partners signing the documents on behalf of the LLC or should all partners sign the loan documents ? Thanks in Advance
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I just purchased my first investment property. It is a duplex with a tenant already living in one side. I set up a separate bank account to have the tenant deposit the rent into. I also had an agent give me the tip th...
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Hey, my name is Sheng-Han. My partner and I are looking to buy a Southampton luxurious residence for summer rental and personal use as well. Does anyone have experience or general advice? As a newbie in the game, it a...
Hello. I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investmen...
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Sorry for the morbid title, but it got your attention, didn't it? Well here my situation...
I am in touch with someone that calls himself the personal representative of the owner of record who has been deceased for ...
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Hello,
I saw a short story of Robert Kiyosaki where he was talking about financial advising personalities. He said that if you are poor you listen to (name I didn't catch). If you are middle class you listen Dave R...
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. Good quality work and fast if you looking for your own personal contractor I'm up for grabs I have a crew there are masters of all traits with 10 years and more of experience I'm a type of person then don't go aroun...