Leland S.
jumbo loan for investment property 4plex
I'd like to find a direct lender as to avoid the crazy broker fee's I'm seeing of 3%. Please refer me to someone that can lend on the following:
1) Refi 1.6M. If possible, add some cash, LTV of ~50%2) Income projecte...
Jacob Sharp
Tax implications of seller financing on small apartment building
I am in negotiations with the seller of a small apartment building (6 units). The seller has owned the property for a long time and it is fully depreciated. However, before we put pen to paper he is trying to figure...
Ben Gonzalez
Tax on Note Income - Installment Sales
Hi all,
I was hoping I could get some general info about taxes from note income and how it's supposed tp be handled.
I'm getting into creative financing, and plan to originate several notes (yes, I'm aware of Dodd-F...
Ife Osundolire
Its almost 2024. Should invest in Airbnb in Rockford?
New investor here. Looking to connect with an Airbnb STR operator in Rockford. Is now a good time to buy a property to be operated as an Airbnb in Rockford?
Grayson Spittel
Duplex For Sale - Fayetteville NC
Hey all! I’ve got a great duplex in Fayetteville NC that is for sale. Rehabbed, still room to raise rent and also increase value. PM in place. Right at the 1% rule. Only selling because I’m moving into a Short Term re...
Anthony Spencer
15% Down DSCR Loan Specifically for STR
Can anyone recommend or underwrite a 15% down DSCR loan based off short term rental income? I'm looking for a 30 yr Am, and someone that can close fast enough to be competitive in a hot market. No prepayment penalty w...
Jimmy Jones
how depreciation is calculated
Hello All,I am trying to understand how depreciation of a long term upgrade (Solar) is calculated for tax purposes / understanding the real cost. My question does the depreciation directly offset net profit? Examp...
Aaron Smith
Getting a 2nd Portfolio Loan: Go with New Lender or Same Lender?
Hi, I am trying to get some input here on what I should do. I have 1 commercial/portfolio loan with a local bank that has 3 properties on it. Total loan was for $300,000 and it was started in May 2016. The terms ar...
Ikenna Okoye
Subject-to Refinance Option
I've been looking for a definitive answer on financing for Subject-to deals, but If you were to acquire a property via subject-to and rehab the property, is a cash-out refinance a possible exit strategy and making the...
Pheniox Engum
Hotel conversion to apartments
Hi everyone,
I’m looking at a hotel to GP and pay a mentor $150-$300k on exit or 3% stake towards the long term exit. Ideally would be 52 or so unit conversion. Around $2 mil ask, seller finance is an option, furthe...