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Results (10000)
Rachel Lyle Bridgers Bank Account for Security Deposit
21 November 2020 | 7 replies

Hi,Legally, are you required to have a separate bank account for security deposits? If your bank has a minimum balance is it alright to put personal money in the account when you don’t have security deposit money in t...

Ilya Ratner Accounting Software for STR
20 December 2022 | 16 replies

Hi All,
How do you track your income and expenses for your STR? Especially if you're managing more than one property.
Thanks for your help

Scott Spicer Lending on a commercial property under $1million?
14 June 2021 | 3 replies

Does anyone have financing suggestions for a 14 unit apartment complex that is under $1,000,000? I’m looking for a 30yr fixed, 80% LTV. The lenders I’ve found only offer a 20yr amortization, which greatly diminishes ...

Megan Hirlehey Pay interest on a HELOC if you don't use it?
19 October 2017 | 18 replies

I applied for several loans (HELOC and Home Equity) for a deal I'm trying to do, got approved for both types, narrowed it down, decided to go with the HELOC (interest-only minimum payments for the first 10 years) for ...

Jason Malabute mi vs pmi (mortgage insurance)
8 March 2017 | 10 replies

When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...

Anupam Banerji Finding Lenders for Loans under 500k for out of state investors
28 September 2023 | 12 replies

Does anyone have any advice for finding lenders that will do small balance loans for out of state investors?I'm looking for 75% LTVs and most local banks in the state the property is located in won't even entertain th...

Mel Hayes liability insurance minimum
3 July 2018 | 7 replies

Hi BP,Is 500k enough liability on a 2 bedroom single family rental property?Thanks for all and any answers.

Robert Borer SD-IRA Tax Handling for Investing in Single-Member LLC
3 December 2017 | 4 replies

Greeting BP RE tax gurus:I've received a notice from my SD-IRA custodian to report the fair market value of my "investment".  I invested in a Single-Member LLC, of which I am the "Single-Member".  The single-member LL...

Nate Hananger Line of Credit transfer question
30 March 2018 | 1 reply

Say you have a line of credit for $50K spread over half a dozen credit cards. Most offer 12 months 0% for both purchases and balance transfers.Then you have an investment opportunity that requires either a certified o...

Nicholas Weckstein Net worth equal or greater to loan amount ?
7 August 2018 | 7 replies

Was hoping for some clarification on this in reguard to a commercial loan. I’m aware of what net worth is and how to calculate it. Just not so sure I understand it in this way.

So if the loan is 1million my net wort...