Dustin Lyle
Becoming a personal hard money lender?
I was just pondering my ability to become a personal hard money lender, and what might be required of me? Now Im not trying to Become a PML investor for another person's company, or use my Self directed IRA... Simply ...
Greg P.
Need some Help/Advice Please
Hello, I've been flipping houses with the same contractor for awhile now. The problem is, he is not the actual contractor. He has a contractor who "trusts" him to pull permits for him and I pay him directly. My con...
Greg Schuricht
Application before showing?
Hey all. First time landlord, listed my condo for rent about 10 days ago - Zillow and Cozy. I've had about 10 inquiries through Zillow. I respond with a link to a Cozy application and state that we can schedule a s...
Jerry Kisasonak
New Tax Laws: Expenses or Capital Improvements?
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
Peter Tverdov
DSCR Calculation...including your living expenses?
I searched but didn't find much on this topic. As some background, I have been speaking with a commercial lender for 6 weeks (which is ridiculous) and waiting for feedback from underwriting on my global cash flow so I...
Ken T.
Looking for a real estate agent in Boston
Hello Boston BP members!I'm looking for recommendations for a real estate agent in Boston. I've tried searching on the web but it's hard to determine how helpful these agents would be for my situation (hence why I'm ...
Logan Turner
Should I transfer title to my name for better financing?
Hi, I have a rental property in Texas with a 75k private loan. Property is valued at 145k. I'm looking to do a cash out refinance on the property. It is currently in my LLC and all the lending choices I have come acro...
Roger S.
File an insurance claim, or not?
I have a house I just evicted a renter from. Found out that the floor in the house is buckling. I crawled under the house and found standing water. I turned all the faucets off and the meter still spins very slowl...
Kenny Simpson
Residential lending standards 80% better than 2008?
Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
Sophie Mia
Would you invest in either one property with high down payment or two properties with low down payment - same upfront cost and cash flow
Hi everyone,
So the scenario is the following:
Option A - buy property #1 with 25% down as an investor and make about $650 in cash flow.
Option B - buy property #1 with 3.5% down as an owner occup...