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Results (10000)
Jack Nichols Warbucks - Red Inc for lending and fix-and-flip/rent?
22 August 2013 | 10 replies

Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.

As I started writing this, I realized that many on ...

Barry Harsa Question on reserve funds
19 October 2013 | 6 replies

Hello, I'm just starting out and looking to buy my first property. One of the things I haven't found an answer to is, should I maintain an "oh shit" fund? Meaning a fund to cover any unexpected cost that may arise a...

Felicia Walker Private and Hard Money Lender Rehab Draw Requirements.
8 March 2024 | 13 replies

I'm getting back into the investing game after focusing only on my W-2 for a good many years. Back in 06-09, I was a realtor, landlord, and flipper, but so much has changed since then. For "fix and flip" deals, I've b...

Martinis Jackson Do I have to use all of the proceeds from the sale?
13 April 2018 | 2 replies

GreetingsOur company recently flipped a home that is now under contract. We are considering doing a 1031 exchange. We anticipate receiving a gross sale amount of around 155k; however, the net profits will not be this ...

Wade Stahle Refinancing PMI question
18 May 2016 | 2 replies

I have a PMI payment of almost exactly $200 every month. The loan balance on my house is $174,000. My house is assessed at $220,000. My interest rate is 3.85%. Is it worth it to try and get the PMI taken off. I am onl...

David Brown REI with newly acquired PPP loan
14 August 2020 | 3 replies

I received a PPP loan for my REI business which is a LLC. I would like to fix up a rental property I own that is under my personal name. How (or can I ) use the funds I received, to fix this property. Or can I get int...

Carey Branam hardwood floor repairs
4 May 2018 | 2 replies

We finally got our toughest tenants yet, out of our house.  Unfortunately they chewed up all of the hardwood floors.  Looks like their couch or chairs did it in the living room and every single bedroom is chewed up fr...

Ming Tsai 7/1ARM first term ending, should I refinance?
15 May 2018 | 2 replies

Hi BP, We bought our 2br condo bought back in 2012 for 500kWe took out a 7/1 ARM that's currently at 2.625% - will end in 2019.Remaining mortgage amount to be paid is 233kRelated info if useful, similar sales in our c...

Yu L. Subject to deal, go or no go?
24 September 2013 | 0 replies

I found a subject to deal, the total PITI is around $3000, market rent is around $2800 on the conservative end, $3000 being optimistic.

There are 2 loans on the mortgage (I found these info. Through title co....

Eric Jacobson ARM vs FRM
11 November 2010 | 18 replies

Can someone please describe to me the thought process they go through when deciding on whether to finance a property through fixed or adjustable rate mortgages? More specifically, I'm talking about residential single-...