Tim Phun
Interest Rates
Just wanted to see how fellow BPers feel about future interest rates? As all investments are linked to rates, I feel that rates in the future matters a great deal.
If an investment property is purchased today and th...
Jon Blackburn
Private equity proceeds into real estate tax free?
I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.
My employer gave me shares of company stock (company ...
Faiz Kanash
Does my type of income qualify me for a conventional loan?(Bank statements loan?)
Hello all,Just a general question. I primarily work with hard money lenders to satisfy my needs when it comes to my projects as a fix n flipper, however there is also benefit if I'm able to work with conventional loan...
Matthew W.
Looking for a CPA in the area
We are a property management company that owns and operates our own property. We are looking for a CPA that knows this field and knows software like QB and Expensify. Our current CPA is kind of too hard to work with i...
John M.
Alternatives to HELOC for pulling cash out of primary?
So, I bought a new primary residence a year and a half ago with cash. I'd like to take out a LOC on it to use for fix & flips and/or buy & hold acquisitions. Problem is, I don't have any W2 income since I don'...
Brandon Chaney
New Member: Los Angeles REALTOR
Hello community,I'm relatively new to this platform. I've been an agent for years and I've been watching and consuming content for a while now. I work for an investment firm in LA who focuses on distressed assets, SFH...
Matt D.
Quick section 179 question...?
Can you take a section 179 deduction for a vehicle purchase and offset taxes as a sole proprietorship? Have not been operating under a business/llc, just under my own name. Have some capital gains on short term flip...
Richard DiGirolamo
What is the correct way to write checks with an SDIRA
I have recently set up a SDIRA and have a contract on a property and am getting ready to close on it soon. As I have to purchase insurance. What is the correct way to complete the check for transactions within the SDIRA?
Auria Styles
DTI and Commercial Mtg question
Hi,Can anyone comment on what happens to my personal DTI if I do a 1031 exchange for a multifamily property at a much higher valuation? I've heard that lenders do not factor personal DTI into determining willingness ...
William Coet
Do Banks Require Tax Returns to Lend on Multifamily?
Hello,Are existing leases enough for a bank to lend on multifamily, or do they require tax returns? Does it depend on the bank?Thank you