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I may have the chance to access equity on a family members home to use as a large down-payment on my first investment property. I found a loan program that if I can afford 25% DP then I don't need to qualify on my own...
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I'm selling a property that closes at the end of the month and will have close to $500k in proceeds. I think there will be more opportunity next year to reinvest and I should have more time to find deals. I'm looking ...
Hello BP. I have a question. I am working on a deal. If I purchase a six unit property using a hard money lender. How soon would a commercial lender allow me to refinance the hard money. It’s a great deal with a 12% ...
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Can someone please convince me to pay a $5000 non-refundable earnest money deposit? The deals that require this is mediocre at best.
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I am still a newbie learning along the way but i need to replace a roof on one of my two properties. Can someone guide me on how much i can depreciate and over what period of time? Thanks so much!
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Hard Money Loans seem to only work for short term flips/LOs. I've heard some people say that "you use HML to obtain quick finance, and once you secure the property - you refinance with big bank."
Is it easier to obt...
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I'd like to get everyone's thoughts on this topic since I'm no where near an expert on it.Must if not all commercial loans have an adjustment period, of between 5-10 years. I'm sure their are others but those are the...
I am looking for some advice on structuring a private loan. I have an interested party that would like to invest $100k into my business ( I have not yet created a LLC, but plan to). I have discussed some standard te...
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Not sure if someone else out there has already posted this. If so, forgive the duplication.For those Airbnb hosts in Denver and Colorado Springs (and anywhere in our great state), you might have heard about a bill bei...
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Three family members have owned a house for 10 years - always occupied by a family member. This year we placed it in a LLC (Limited Liability Company) in order to rent it for about 3 months of the year. Now we have ...