Cory Riles
LOOKING FOR REHAB ONLY
So I was recently in search of a HML to fund a fix n flip that I came across. Most HML said I needed to brinf X amount of dollars to the table...or I not so great stipulations to fund 80-100% of the deal rehab cost in...
Mark Sanchez
Handling principal payments & depreciation on a non-cash flowing property at tax time
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
Eddie Marcano
financing for distress properties
Hello BP I have a Question when it comes to purchasing distressed or properties in need of rehab.We currently own a 5 unit in Schenectady,NY. The property is free and clear. Originally, our first approach was to refin...
Thomas Rodgers
First time home owner
Looking for some advice. Trying to make a long story short, after 2+ years of listening and learning about real estate, I finally made my first purchase. I spent those 2 years paying off debt and trying to build an em...
Bryan Pham
How to transfer/open self-directed IRA account?
Hello BP,I am interested in switching my 401K over to a self-directed IRA. Does anyone on BP know how this process works?
Demetrus Gibson
Proof of funds
Hey, My question concerining the proof of fundsi in a short sale transaction. Will the lender be requiring to see proof of funds to make the note current or proof of funds to purchase the entire loan? How can the end...
Pat Arneson
Private Lender Documents
I've read a few old posts regarding this topic and have those documents in order, but I still have the following questions regarding a private loan (from family) --
Loan Documents for Purchase -1. We have the promiss...
Sam Hanaa
Is it possible to get under 20% down payment for ...
... non owner occupied house ? I keep reading American investors of how they got rental investment for very little down payment , can we do that in Canada ? I asked two banks and both said 20 percent is a must
Elizabeth Atkinson
I'm trying to do my first deal and need help!
I have a house lined up that I want to make an offer on. The owner has dropped his price to $93000 other houses in the neighborhood are selling for $109 to $140 it's a 3 bed 2 bath with a double garage. The work it ne...
Robert Van Horn
Investment capital .
I’m curious and excited about getting into the business of wholesaling & flipping . However I’m straining on how exactly I’m going to fund this hair-brained idea of a business . Does anyone have any tips on findin...