Hey everyone, I am in a unique position and looking for some guidance. The short question is, should I take a loan if the borrower is willing to do an interest only loan for the same interest rate?This is a family mem...

Hey BP,I have another lead I'm interested in pursuing but the back taxes are a bit extreme. I wanted to know if anyone has experience with the the city potentially making an individual who inherits a property responsi...

I cannot seem to find a clear answer for this question, and have got nowhere with my local board.I am a broker and currently the registered broker for my single member LLC. I have an opportunity to work as an independ...

I’m a newbie and I’d love some opinions on which might be preferable and why. we’re trying to decide btw 2 credit unions, both have great rates, no fees, etc  this would be to buy our first flip. we can get a HELOC fo...

I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...

Happy New Year!I am from NC and new to the MF investment. I learnt that a key principal, with mf experience, is required to qualify for financing. My internet search returned very little about KP role and compensation...

I'm wondering if it's possible to add principal payment only for IO loan.

Had some principal loss for the investments made through (now defunct) Patch of Land. Any ideas on whether I can report this on my tax return to reduce tax liability? If yes how/where? I use Turbotax. I spoke with one...

Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense? 

Believe it or not, I have been able to complete 2 successful rehabs now without having a full grasp on the loans and financing part of the equation. For my last two flips I've simply used the 20% ARV rule and used tha...