Hi all,Need some advice. I am currently under contract for a property in the Atlanta area and was going to go through the conventional route. Only problem was that the appraisal came in "subject to" repairs that will ...
I've got an owner financing agreement with a 5 year balloon but I wanted to put in verbiage to have an optional extension for 3-years per buyer's discretion? Is this something that I can put in the 'additional instruc...
I am an EXTREME newbie. I accidentally stumbled into real estate and have a rental. I am doing my taxes (just using turbo tax) and have run into the section about QBI. I qualify but "the business income of -$584 nee...
After researching VestRight and Cody Bjugan extensively, including other threads on this forum, his course/strategy sounds difficult but realistic and lucrative. I'm thinking about buying in.Would love to talk to anyo...
Listed a finished project and received 4 contacts on the house in the first 2 days. 3 were FHA and one was conventional financing. I was reluctant to go with any of the FHA due to their appraisals tending to come in ...
Tax season may be a few months away still, but what should you expect if you're a first-time limited partner?
What to Expect: Equity Investors
As an equity investor, you will receive a K-1 from your op...
Hello, My partner and I have a property and we are coming to the end of of our expiration of 6 months. The property is already listed and on the market but might not make it to the closing table I know it’s not common...
Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so e...
Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...