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Results (2921)
Account Closed Hard money term meanings and credit
23 October 2013 | 4 replies

I have four questions.

#1. Looking at a local hard money lenders terms, I need to understand what the following terms mean:
a. LTV: up to 70%
b. Repair draws: 70%
...

Jessica Lamont Is about 9% of purchase too high for closing costs?
3 November 2022 | 12 replies

We are doing a hard money 12 month loan for a fix n flip and our closing costs are over $10,200. Purchase price is $121k. Is this standard for hard money or too high? 

Bruce Ellerd Coin Operated Laundry Machines
8 September 2016 | 5 replies

Hello Albuquerque BP Community,I have a small complex here in Albuquerque and am planning to put in some common-area laundry machines for the tenants. I'm considering going with coin-operated machines, but don't know ...

Michael Medeiros Rhode Island- Move in $
9 December 2014 | 12 replies

I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.

I was told that was not allowed in RI- anyone have experience with this...

Anthony Paul Guglielmi Wrapping in closing costs
7 March 2020 | 3 replies

Hey all,Does anyone have any experience wrapping closing costs and prepaids into their loan? We can afford to pay them but I'm trying to stay as liquid as possible just in case another deal comes along. So I'd like to...

Account Closed should i get multiple phones to track leads?
24 November 2017 | 3 replies

should i get a couple pre paid flip phones? 

Cedric Taylor Should I be paying for pre-paid legal services?
26 December 2016 | 4 replies

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Landon Elscott Accounting Question - Question For Accountants - Property Tax Prorations Home Purchase
21 July 2014 | 2 replies

Hopefully I explain this in a way that is easy to understand.  This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...

Justin Johnson Evicting tenant who pre-paid last month
18 April 2018 | 4 replies

First time landlord here! First tenants in July. It was difficult to verify income because of cash paid construction jobs, but previous landlord confirmed they never missed a payment.

They have been late three month...

Steve L. Option Agreement, Vacant Land, Pre-Paid Expenses
14 March 2018 | 1 reply

I have some funds in a couple different 1031 exchanges.  I have a piece of land under option, that I have been working with the City on a lot split and plans for construction of SFHs.  Let's say my purchase price is 4...