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My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...
I have to refinance my NNN as I'm getting close to loan maturation May 2025 (balloon payment). Currently @ 4.5%. My tenant (investor grade) has 3 more years left on the lease. I've talked to them to find out if they a...
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This question may be more specific to my market of Washington DC but maybe you can still help.I recently attended a REIA where a rehabber presented his latest flip and the entire process. At the end he shared his fina...
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I made an offer to my realtor on a house today. She said there had already been offers that were declined but she would check. Later that day she called me and told me what the offer was which was of course was higher...
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Hello everybody, my name is Trace and I am new to BP. This is my first post so please make suggestions if it would be better placed in another forum. I live just north of Denver, Co. in Westminster. Although I'm brand...
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Realtors spend lots of time and effort on their clients, never knowing whether it will actually pay off. In my case, my agent's efforts are not going to pay off (at least not immediately) because I have decided to cha...
Lender Rebate or also called Lender To Borrower Credit is a great way to minimize out of pocket costs for buyer/ borrowers.With a little higher rate, a lot of closing costs can be paid.Anyone aware of this?
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Hello All,
I’m a little confused and need some enlightenment. So I’ve done a few wholesale deals already but last week I passed my Real Estate exam and want to become licensed. I want to continue wholesaling as a...
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I've seen a lot of discussion on whether or not to allow tenants to make modifications to the property because of equitable interest issues. How do investors protect themselves from this when buying an occupied prope...
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Every now and then, I'll receive a legitimate check in the mail with a warning that by endorsing it, I'll be agreeing to sign up for an insurance policy, a magazine subscription, or whatever else.
Anyone know about t...