Tripp Weaver
Can you amend a cost segregation study?
Hey guys,First time post but really enjoy reading all of your posts and insights it has been extremely helpful to my wife and I who run an STR in Oak Island, NC. We completed a cost seg. study on the year of the purch...
Sean Prokopec
Equivalent to a 203k Loan in Canada
Is anyone aware of a similar program offered by the Canadian feferal government or Ontario provincial government to the FHA 203k Loan?Or any kind financing available for a second property where the cost of renovations...
Rj Sayler
Significant Net Operating Loss effects on Underwriting
If in 2023 I take a large loss on my properties while a renovate them, but they start cash flowing in 2024. Would there be negative impacts from a underwriting perspective?
Greg Junge
Residential Assisted Living - Real Estate Only
Hello BP!I'm writing to connect with others who are investing in the Residential Assisted Living space. We buy residential assisted living facilities in Phoenix, where I'm a Realtor and have lived for the past 15 year...
Renee Jones
3mth Loan To Start Reno - Renovation Funds Held in Escrow (Reinbursment Only)
I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. Where can I go to borrow money to g...
Andrey Y.
Who else thinks business/life "Self-Improvement" book are kind of BS?
Here is where I am going with this.- One book says you should say yes all the time, another says you should say no a lot.- Another book says set extraordinary, unrealistic goals, while another says you should be setti...
Marty Rogachefsky
New Refrigerator - Capital Expenditure or Repair?
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
Ronald Jay Rama
Do you suffer from negative or fake reviews?
First of all, I'd like to apologize because I'm writing this via mobile. I just want to write it now while I have it in mind.I normally don't take seriously things online until I had this client who asked help from me...
Michael Healy
How to split partnership?
How would you split a partnership where one partner brings the 25-30% down for commercial loan and the other partner brings the relationship with lender and w-2 income and local network and managing experience.
This...
MIlton Monzon
Triplex HML BRRRR in progress
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $196,080
Cash invested: $39,216
220k to 196k. Not a big drop but big enough to meet the expected 70% ARV c...