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I just had an apartment transaction fall through yesterday due to changes in lenders requirements for buyer. The lender reduce the loan amount by $1 million and required a reserve account set up for 12 months P ITI, $...
I am in a ESOP at my work. The company just sold and I have to figure out what to do with the money. 75% has to stay invested in company 401k with annual disbursements for 5 years. I likely will keep the 75% invest...
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I'm looking for a a calculator, app, or spreadsheet that can be used to compare whether or not it's worth holding a property for a year to reduced Cap. gains tax or to sell. In brainstorming, I thought it would need...
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We are in the process of buying a home In Pinellas county, FL and after our file Cleared understanding we heard back that there is a municipal lien on the property. The issues were fixed by the bank earlier in the yea...
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Hey everyone, I have a prospective rehab project that is eligible for historical tax credits. Is anyone familiar with these? Or, does anyone know any experts? I would hate to throw an opportunity away just because I a...
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I am building a new 3 story stick build apartment complex here in NJ. Very small, 8 units plus commercial and I am trying to go over details of what will make the building energy efficient in the future and cost effic...
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Here I am, a month or two away from finishing with my first flip, and I have a chance to go ahead and put the thing under contract. Is it wise? What are some of the pros and cons?
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Thank you in advance..... Should I set up my mortgage payments (divided in 4) and paid weekly for all my properties to save on interest in the long run.
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Hi,What are your thoughts on renting a property to Home Care Patients who needs care. I know you have to modify the properties to ADA etc etc. Anybody had any luck with it and what is the rent expected and p&l, pr...
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I've run into some confusion at the last moment with my 1031 exchange and was hoping to get lucky and catch someone who knows the right answer.In short, I've got a settlement statement for an occupied multifamily prop...