Mary Jay
Please help to figure out 10 properties financing
Hi guys, sorry if its a stupid question:Do conventional lenders stop financing if a person has 10 financed properties or 10 properties (not necessarily they are paid off or not paid off)?In other words, lets say hypot...
Daniel Tisdale
BHG Financial Review
Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
Andrew Angell
Best way to get personal cash into an LLC for a Syndication deal?
TL;DR - What's the best way to put personal cash into an LLC for a real estate syndication deal that will pay monthly cashflow? Also, if I borrow from my life insurance policy can I deduct the interest paid back to th...
Kyle R.
Vacation Rental Tax Questions
Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...
Katherine Weaver
Unequal Partners Buying Capital Improvements vs Repairs
Two people close to me have bought a property together and immediately ran into a snag about fixing up the place. They bought a double (up/down) for cash - no financing. Person A paid 80% and person B paid 20%. Person...
Jeff D.
Is the perpetrator of domestic violence excused from lease deposit in California?
Our co-tenants split up at month 8 of a one-year California residential lease, with one claiming to be the victim of domestic abuse.
The victim has moved out and exited the lease early, citing California Civil Cod...
Eric Tan
Chicago Duplex with circumstances needs creative help.
I have a friend with some weird circumstances, here's the story:Person A can't get a loan but has income.Person B took a loan for Person A for a duplex at 500kPerson A paid back Person B for Down payment and is paying...
Mike Dole
Renting to section 8
Hi I am considering renting to section 8. If I own the home(deed in my name) can I get paid rent from section 8 through my business? Thank you
Rich Hupper
Finding new clients in 2020
Hi fellow agents and brokers. I am wondering what people are doing to generate new clients these days? I feel my sphere is overworked and is not producing me any clients lately. Is anyone investing money in their webs...
N/A N/A
Is this a capital gain?
I'm involved in an assignment or a double closing. Party A is selling her home ( personal not eligible for 1031 I dont think) for 375,000 to party B, then B will sell it or assign it to Party C for a FEE of $50,000.
...