Nina Ricci
How Do You Decide On A Lender?
I'm looking to purchase a home in the Philadelphia/South Jersey area, and I'm wondering how everyone has come to decide on a lender that's right for them for a mortgage? I'm looking to get pre-approved ASAP, and have ...
Zachary Schimenz
Is this loan a good deal, or a rip off?
I just got pre-approved for a conventional loan through a lender recommended to me by a Turnkey company. Wanted to make sure it's a good deal -this is my first house:
Loan for a $100,000 to $200,000 house with 20% ...
Dario De Pasquale
How to Compare Real Estate and Stock Returns?
Hi everyone,I am a small STR investor and in the past few years I have been investing in both stocks and real estatewith COC returns of about 20% for the past 3 years.I am considering diversifying my portfolio with LT...
Carlos Santiago
how to calculate profit on owner financed sale
How do I calculate the rate of return I'm earning on my money when I hold a note for owner financing? Details:
$45,000 (investment = property + rehab)
$58,400 note - 8% int. 5 yr. balloon, $525/mo payments (p+i)
Daniella Steinberg
Proof of Funds Required for Viewing Properties
What are you using for proof of funds if requested to show just to view properties? No lending secured until specific property identified.
Zinna Eze
Advice for Searching for Leins
Hello all. I am new to the RE industry. I've decided I wanted to focus on Pre-Foreclosure, Subject-To deals.
My questions are:
1) Other than a Title Company/ RE attorney, what other websites/resources can be utili...
Matthew Fletcher
Real Estate LLC Income And FICA
Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
Paul C.
Room for Interpretation in Tax Laws ?
I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Jake Oakes
Escrow Shortage - Mortgage Increase of $600/mo. No longer cashflows !
I recently moved out of my first house hack which was a duplex. I bought it turn key from a flipper almost 2 years ago. I moved into a single family home with my fiancé we plan to live and flip or BRRR it.. Recently m...
Polo Vazquez
401k 10% Penalty waived du to Covid. Should we take it out?
I just finished talking with y broker and he has informed me that due to covid 19 the 10% penalty for taking your 401k before age 59 has been waived. My question to BP is... As investors, we are all looking to achieve...