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Hello BP!
I have been receiving letters informing me that my "VA guaranteed loan has been tagged for inclusion in our VA IRRRL program".
I called the number on one of the letters (I've received many), an...
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We have sold our relinquished property in Southern California and are working on the purchase of 2 replacement properties in another state. This is our first 1031 exchange and I am confused about permissible closing ...
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The eidl loan appears to have a low interest rate. Can I use this loan to apply to my mortgages? Will it be difficult to qualify for a eidl loan that will pay my mortgages in full? It seems the loan is 30 years at ...
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After you invest in a real estate syndication, you will get regular updates on the progress of the project after the deal closes. At any time, you can ask for more information or clarification, but when a unit floods ...
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I have one small rental property managed being managed by the same company that manages the HOA where my property is located. I have just been served for nonpayment of HOA dues. A lien has been placed on the propert...
Hello, I'm dealing with a tricky situation and wondering if anyone else can provide thoughts.
I purchased a quadplex in December 2021. At the time one of the tenants was not paying rent and I came to find out that ...
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Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...
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Ok, a really stupid question here to hopefully avoid a really stupid action. For the last several months I've been researching potential note purchases from the third party websites. I've familiarized myself with th...
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CPA’s, accountants, and loan officers please chime in but obviously don’t provide anyone with tax advice, but does my logic make any sense?I was told once by a lender that debt service is not considered profit. For e...
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First let me start out by saying I have a hard enough time remembering the truth, but wow - this was one heck of a ponzi scheme. Why am I posting this:1. This was done in 2018 - 2022, when real estate was doing very w...