Dan Marro
hard money lending Q's
Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
Andrew Bailey
Closing on an Investment Property. Need HELP ASAP
This is my first investment, Is this a good deal or should I walk away? My goal is to keep this investment for 30 years, so long terms
House information: This is a 2 unit house, located at 55 Kallen ave, colonie ny ...
Anthony Portugal
Breakdown this loan offer
hello,Very new to real estate investing and want to make an offer with bank loan financing. This would be my first time applying for a loan and not sure how to properly evaluate all the mumbo-jumbo words and fees. Ple...
Alan Ouellette
Going to the Auction
Hi All,I am going to a real estate auction to purchase my 1st rental. I am researching the property to get as much information as possible in prep. Here's what I have so far. City Property/Tax Records (Same owner f...
Jay P.
Residing in CA, LLC in WY, Syndication in TX - Challenges?
I'm a resident of CA and I plan to invest in a syndication in Texas along with a friend of mine. I talked to a few lawyers and the recommendation was to create an LLC in WY with both of us as members and invest in the...
NA Collins
Self Directed IRA for Investing
Can anyone explain the pro's and con's with utilizing a Self Directed IRA for RE investing.
Maria A A.
Calculating Net Proceeds needed to buy replacement property
Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exch...
Armand R.
Loaning Out Own Funds: IRA.Llc vs Roth
We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:
For those of you with experience loaning out your own funds for short term transactional funding, if you we...
Josef Roberge
Do I Really Need a Local Business License for this?!?
Someone is paying me a referral fee for just connecting them to a deal. I have no involvement in the deal at all, or transaction, contract, not a consultant.I set-up a quick LLC for them to pay me under, and opened a ...
Dada Keryk
Im renting my condo and have some questions about tax return
I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .
I have received sum of 9000$ from property management and that is aft...