Can somebody please advise what are generic financial terms for private lending(residential).Like loan rate, what happens when loan matured and borrower wants few more months extension.Thanks in advance.
As the Nation is going through a pandemic situation and when the people are sitting at home, and if not in a situation to make the rental payment on first of the month, your automated payment installment is at risk.
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So I found a 2-Family property located in a neighborhood that my investors buy property. The property has been listed on the mls for less than 1day and is a distressed property in need of rehab that is owned by an eld...
Correct me if I'm wrong, but isn't the eviction moratorium extension recently signed by the president (hopefully with corresponding CARES refund) only for federally-backed rentals? In other words, those of us whose r...
As a newbie I purchased a foreclosed home with cash at $22,000. The previous loan on the home was for $88,000. Comps for similar homes that are in good shape would be around $100,000. I have estimated that the cost to...
If someone files an extension and has a single member LLC (SMLLC), is the LLC’s extension due date 9/15 (or 9/16 this year) or 10/15?Even though in most cases it’s a disregarded entity for tax purposes, in Kentucky we...
I'm currently looking at a home in my neighborhood that would be a great flip opportunity. I had a private money investor that was ready to go in 50/50 but unfortunately he had some health issues to take care of. I ...
Hi, Need guidance on how you write a lease extension for a single home rental property in Texas. We live in Atlanta. Can someone guide easy way to do it without using help from realtor. Appreciate if you can attach a ...
If you elect an extension for S-corp, would you just estimate your K-1 for your tax return and then be forced to file an amendment after you complete the 1120s?
Hi!I was just approved to purchase my first multifamily property. I will use FHA and occupy/ manage the property. I am looking to make sure I account for all costs I will incur from loan closing to lease-up. I have se...