Jeremy Hair
Seller Financing - Where to start?
I'm working with a tenant who wants to purchase the home they are currently renting (and I have a mortgage on). I'm open to it, but not really sure where to begin. I know there are companies that will service the note...
John Richardson
40k Cash but no proof of income. Been working abroad for past 5 years
Well I'm moving back to the USA soon and would like to buy a fourplex for around 200k with a 20% down payment. However I have been living and working abroad for the past 5 years and have no proof of income in the USA...
Shai Knight-Winnig
Investor Down Payments and Rates for Multiple Mortgages
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
George P.
REI fudged the tax basis calculations
ran into a REI investor yesterday and we got to talking about his rental properties (that he apparently sold). he suggested that the last one he sold, was originally converted from a primary residence.his calculation ...
Mark Chin
Refinance part of BRRRR
Hi officially my first post :-). Anyone know how lenders determine the income allowed from an income producing property to determine d/i ratio ? What line on the tax returns is used, and the formula ? Also looking to...
Marie Martin
Commission for all-in-one Property Manager under broker
Hello! I’m an experienced property manager/licensed real estate agent trying to develop a proposal for my management fees for starting an STR branch for a big name agency. I’m bringing a portfolio of STR clients with ...
Christopher Frey
Yellow Letter Question......
Hello Everyone!New to the forum here. I have a couple rental properties I bought the traditional way, however I have decided to be more pro active and try to find motivated sellers mailing yellow letters to propertie...
Account Closed
Forgiving the taxes due from debt reduction (short sales)
Bush's speech included a suggestion (?) that people who receive debt reduction in some cases will not owe tax on the debt forgiven.
Note that the IRS already allows this. It could mean that Bush is just restating wha...
John Choi
GC's Markup in the bay area
The construction cost has been soaring in the last 3 years in the Bay area (I work in the corporate construction industry and our project management office is forecasting 10% fee escalation in all of the MEP trades in...
Roxzanne Payne-Stephens
Keyword search editing
I need some help editing my keyword search. I excluded words that I thought would be included, I even clicked the little red trash icon to start over. Nothing had happened. Anyone know what I should do.