Hi! This is Dina, Peter's partner (and wife!). We just introduced ourselves on BiggerPockets 2 days ago, and we warned everyone we have a bunch of questions...so, this is the first one that's been plaguing me. I'm a n...
Hello,
So I have a private lender that has sent me his terms on the money he is willing to lend and I would like some opinions on these terms as this is my first time using a private lender....I would be doing all th...
What software is everyone using for job costing on flips? I know quick books will work but I was curious if there is something out there that already has all the detailed costs input where I would only need to add the...
Hi All, Is there such a thing as doing a 1031 exchange or a small business. For example if I sold my business then used the proceeds to acquire another one or several?
I know that you may deduct mortgage interest paid back to a loan, so I'm curious to know is the interest paid back 100% deductible or only a portion?
We took a home equity line of credit out on our personal residence, and used 100% of the funds to buy 3 rental properties. My first question is whether the interest deductibility is subject to the 100000 loan limit. ...
Good day all. I've asked around and searched around, but found no solid information. Bought a triplex in a 1031 exchange. The seller added the neighboring lot/land in the sale. Lot/land was not part of the paperwork i...
Hello All, I am looking to build a 2 story ADU, 1,200 SF total in Los Angeles. Need to borrow $250k for construction of the ADU. Any recommendations for hard money lenders that will provide a loan for a 4 unit propert...
I have a LLC in Washington state that owns a 24 unit portfolio in Kansas. I currently have a commercial loan on these and would like to take a loan out against the value of the properties but not sure the best approa...
I want to rent out my primary property that I bought. This was a complete remodel that has significant value added. What value is used for depreciation? Is it the ARV value or?