if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?
How about if I were to replace a range hood or other appliance with o...
Hi BP,Hopefully everyone's week is going well. I've included a brief description of single tenant NNN properties. Please let me know if you have any questions. Hopefully this helps find some good deals! Thanks.What ar...
If you haven't heard already, the federal reserve raised rates yesterday by 25 basis points & they are projecting to do 3 more rate increases in 2017. If you're an investor with a HELOC out, this is the time to ro...
As a Mortgage Broker, I hear a lot of "expert" opinions about where mortgage interest rates are heading. I am more curious as to what the word is out there amongst the folks actually buying and selling real estate day...
I was wondering if anyone could break down an email I received from a commercial lender at a local bank. We asked about a business line of credit of possibly putting up some properties as collateral or maybe refinanci...
I'll try to provide the numbers you may need to help, but if I didn't just ask. This is not my strongest area in REI. I'd like a little more background knowledge before I talk to the bank.
Property loan information:
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I have a portfolio of SFH and small MFH in KCMO and Memphis worth about $1.5M. I owe roughly $800k on the properties. What would be the smartest way to pull $100k from the portfolio for personal use?
Hello,Trying to get a ballpark on what the current best terms and lenders are for 6 unit multi-family.Lowest origination fees, Lowest APR.Thanks
Greetings!I'm looking at a small medical office property (~$500k pp) in Osage Beach, MO and and seeking a small local bank that uses the treasury as a benchmark, or really anything but WSJ prime. If you know of a good...
Hi all,I've been renting out my condo for 3+ years. I want to get a sense of whether I'm "doing it right" or if I should just sell it when the lease is up next summer, or ... Located in a poorer Seattle neighborhoodI'...