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Results (10000)
Alexander Wehrmann Convert my home to a rental and sell equity
27 June 2024 | 6 replies

Hi BP CommunityI am moving and would like to keep my current house and convert it to a rental; however, I need to pull some equity out of the house for the down payment on my new house. The home is worth $1.3mm today,...

Steve L. Raising Funds - Selling Notes?
23 March 2011 | 17 replies

I am doing some research on doing some fund raising for private funds.

The original concept I have is take some existing properties I have and advertise the notes for sale. Or have another broker I know advertise th...

Al Bunch Security deposit - high vs. low
25 March 2015 | 16 replies

So I'm interviewing property mgmt companies and yesterday I talked to two new ones. While throwing questions at them, the second company said they typically only charge $300 for a security deposit (vs. the standard "...

Account Closed Cost to Build - Metro Atlanta
1 December 2016 | 0 replies

Hey Guys,I've secured some land here in metro Atlanta. Has anyone already researched the average per unit cost to build here right now?I'm looking to build some "B" grade apartments. Probably 2 buildings @ 8 units eac...

Dave G. Calling all CPAs - Depreciation Recaputure Tax Rate
25 January 2020 | 18 replies

I've performed searches on this topic and cannot find anything definitive regarding my inquiry, so posting my own.
What will be the depreciation recapture tax rate I have to pay when liquidating a rental - flat 25% o...

Bettina S. Security Deposit question
21 August 2020 | 8 replies

More and more Utility companies make it the responsibility of the landlord when the tenant has an outstanding utility bill at move-out even so the lease mandates for the tenant to be responsible for the utilities. Has...

Nick Cox Buying house from close friend strictly cash on monthly payments
23 September 2019 | 8 replies

So a friend of mine bought a cheaper home with the thought of renting it out some day. He gave up on that and offered to sell me the house strictly cash. We don’t have a bank involved, we’re strictly on the honor syst...

Dolores Waldron How does private money work - how to structure it with a deal?
4 August 2016 | 7 replies

Hi All,I'm looking at a rehab / flip deal and after doing my calculations I can offer 375K for the property and the plan is to do it with private and hard money loan - the hard money lender requires 25% down so I woul...

Junior Salters Civilian cash buyer
1 July 2013 | 7 replies

Would this be treated the same as a investor cash buyer? Buyer wants to pay cash for the house to personally live in? Has 6K of the required 12K, wth 4 of that going to earnest money? 90 days to close contract. Should...

Justin B. Lender: "Seller can't contribute more than 2% towards closing..."
13 August 2014 | 4 replies

So I'm buying my first rental property (actually closing this afternoon, :)!! ) and my lender tells me last week that the underwriter has approved the loan, however, because of the loan amount and it being an investme...