Kadia Lawrence
For section 8, how to structure lease payment/ terms?
Hi all - for those renting to section 8, where the term of the lease could start on a random date when you pass their inspection (say April 9), how do you set up terms of payment with the tenant once their portion is ...
Taryn Hansen
Sell Inherited Home or Rent Out?
Hey guys, new here. I'm questioning whether to sell inherited home that is appraised at 465k, with 125k left on mortgage. Should I sell that house, with 320k net gain, then invest in maybe stocks, or should I rent the...
Christopher Morales
Hard Money Lenders and Banks
Hello,I am currently looking for a new multifamily investment and was wondering if banks know about the money hard money lenders lend to you? In other words, if a hard money lender gives me 25k to finance portion of t...
Eric Sato
How to structure a deal - money for start up costs on STR
So I am very new to financing. Let's say I am going to buy a SFH for a STR.- I plan to do all the work for the STR etc... - But I have a family member (Brother or Parent etc...) who is interested in putting some money...
Alyscha Johnson
Presentation to Hard Money Lenders
What should be included in a presentation to a hard money lender? Should the presentation be over the phone or in person. Finally, do HMLs require a down payment on the loan? If so, what percentage of what?
Michael Hellman
Cost Basis after subdividing a property
Hello. I purchased a home in late 2007. I live in a small garage apartment for 4 years while renting out the main house. The property had a large double lot in a nice neighborhood, so in 2014 I subdivided the lot a...
Craig Garrow
Refinancing a Master Lease Agreement
Quick question! I've got an opportunity to pick up a triplex, and thought of using a master lease agreement so I could get in with a small down payment. Let's say it ends up being a three year option, will a bank se...
Michael M.
Capital gains on real estate sale - Buying in same year? (Bronx)
I was offered quite a bit above market price (around 300K more than it's worth in the current market) on my 2 family property by a developer that is looking to knock it down as part of a larger project on my block due...
Ben Bakhshi
Buying a note that is late in it's straight line amortization schedule
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...
Vipul Shah
Promissory note for collateralization
HiI have a note and wanted to use it as collateral for additional financing. What information would be needed and where is the best place to start? Who can facilitate this transaction as well?
Thank you
Vipul