Chaliss Griffith
Fraudulent Income On Tax Transcript
I have a flip in MD for sale and the buyer has one condition to clear in order to get the CTC. He has fraudulent income reported on his tax transcript. The employer that reported the income to the IRS has provided a V...
Steven Gersch
Better Property Management Software
I am looking at property management software and have been intrigued by both Hemlane and Rentec Direct. I have noticed that Rentec Direct is almost always cheaper no matter how many units you are managing, plus it has...
Jason Ridout
Canada's 2023 housing market and opportunity.
We saw a substantial swing in the real estate market in 2022. What happened?
2022 started off the way 2021 ended, with a very hot market, quickly rising prices and fierce competition between buyers bidding on very li...
Roozbeh Afzal
Seller asking for cash outside of escrow
I am currently in negotiations with a distressed seller that has agreed to the purchase price, but has asked for 10k outside of escrow upon signing to put some money in his pocket and to help him get situated for his ...
James J Canull
Fun Fix & Flip in Broad Ripple
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $300,000
Cash invested: $90,000
Sale price: $485,000
This was a fun one I got to do a few houses down from wher...
Rawn Wilson
Multi use property loans
I was looking for a multi family property when I stumbled across an interesting property. Half acre lot in the middle of an established neighborhood with multiple buildings on it. It has a 1500sq ft 3/2 house with an ...
Omer Zulfiqar
Small Balance Loans in Multifamily
Hello
Previously non-recourse lending thru Small Balance Loans was starting at 750 K. My lender has now moved that up to 1 million. Is anyone aware of a non-recourse lender that is willing to start the loan on produc...
Evan Stamps
First post! Question on financing/refinancing BRRRR
Hey BP! First post and appreciate any and all help - I'm looking for advice on the financing and refinancing logistics of buying a brrrr property with a hard money loan. I'm seeing that most HMLs only lend to business...
Anthony Conrad
Property Insurance for 98 y/o rental
I’m buying a 98 year old, 4 bedroom house to use as my first rental property. The insurance company wants records of updated electric, plumbing, roof, and HVAC, all having been done in the last 15 years. Everything is...
Aaron Anderson
Equity in new construction
Ok this is a newbie question. I am looking at build on your lot builders Adair and HiLine. They state that you can get close to a zero down construction loan and that 90% of the time once the home is complete/appeased...