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Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...
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So quick back story, I started investing in 2016 (or was it 2015?) and things have gone well as it has for most people. I was able to quit my job in 2020. I should also mention that I have a partner for most of the pr...
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Hi BP,
I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...
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Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the p...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $35,000
My business partner and I bought this property in Athens, Alabama (submarket of Hunt...
Hey guys! I've been a lurker for a while but didn't participate. I'm a European that's moving to the US.
How can I optimize the acceleration of my real estate journey? I am starting out with a non-existent credit sco...
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What does this do to the first position? Will they allow a loan assumption as the new deed owner?
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Has anyone had any experience with Michael Blank and his syndication program?
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Hello, If we have 100k to invest and we go a hard money lender, buy 4- 5 properties that are 100k each with 20% down and then rent them out, would we be able to write off a total of 100k or 400k(Total down payment o...
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Hi BP!
I'm evaluating a property that has had a lot of capital improvements and because of its location, are not reflected in the value of the property. I'm selling another commercial property and wondering if buying...