Shawn McCarney
Have questions about hard money lenders and repayment schedule
Hi, I live in Nashville and I'm looking to buy my first rental deal and use it as a BRRRR. Wondering how to get money and then pay it back. Does HML want to be paid back on a monthly payment or can I just pay them ba...
Jessie Martin
Short Sale Approved...Settlement Scheduled...Now Bank Selling Loan?
I put in an offer on a short sale property in March 2013. The offer was accepted by the owner, contract signed with a settlement date of May 30, 2013, negotiator was assigned, and short sale was approved by the bank ...
Joel Trout
Must itemize to claim rental losses on schedule E?
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...
Kevin Dubina
Amortization schedule shows amount applied to interest going up?
I have a personal loan for one of my properties (not a mortgage). The amortization schedule shows the amount applied to principle and interest jumping around substantially every month. I would have thought the amount ...
Danna Millar
What is your experience with RE scheduled for demo?
Properties scheduled for demo with the city - have you purchased and flipped one? I want to know was it worth it and would you do it again? What were the pros and cons? What is important know ex: contingencies with th...
Adrianne G.
Problems refinancing an investment: waiting on the rent schedule
Twice our refi company has sent out a job on the appraisal marketplace to develop a 1007 rent schedule. Twice the job has come back unfulfilled. They are offering it out again, but I’m feeling frustrated since we were...
Jeff Mitchell
Help NJ architect with Electrical panel schedules and risers
We are currently trying to finalize our designs for a complete gut renovation in northern New Jersey. We are currently hitting a road block on the electrical subcode section. As this is a full gut job the electric pan...
Jeff Mitchell
Help NJ architect with electic panel schedules and risers
Posted this question in rehabbing and flipping forum also but wanted to get as many eyes on this as possible. We are currently trying to finalize our designs for a complete gut renovation in northern New Jersey. We ar...
Jeff Mitchell
Help NJ architect with electic panel schedules and risers
We are currently trying to finalize our designs for a complete gut renovation in northern New Jersey. We are currently hitting a road block on the electrical subcode section. As this is a full gut job the electric pan...
Jane Hudson
Open houses scheduled for after "final and best" deadline
QQ - I'm bidding on a property and have been told there is another offer. The listing agent sent me a "highest and best" deadline which I responded to. About the same time I submitted my offer, they scheduled 3 open h...