Andrew Giunta
What tax benefits do I get if I buy and fix an abandoned building
I am looking at an 8 unit abandoned building that is dirt cheap and it is completely boarded up. I would be fixing everything and then renting out the property. I read a while ago that there were tax benefits to resto...
Vince Gethings
Best All-In-One Bank for operating and managing CRE
Good Afternoon BP! As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ...
Ivet Medrano
Who would u recommend as a lender? Bank, Broker, Direct Lender
Hi everyone,Newbie here, so I've been speaking to a few lenders. I live in Austin, TX. I want to buy a duplex, live on one side and rent the rest. I am aware that as soon as I provide all my info to a lender, they wil...
Chandler Diaz
Bought house with tenant - now he won’t pay... HELP.
Long story short:I’m a newb who bought a home that had a tenant in it. Told him months ago I was buying the place, all was well, he has good credit and rental history. Now the guy isn’t paying, but I know he’s still t...
Greg Keeley
Financing new home after short sale
I completed my short sale May 9th 2013. I missed the final 3 payments on the old loan in order for the bank to approve the sale. Fast forward to today, I currently own a townhouse with owner financing in place (sinc...
Chai Jonn
HELOC on Rental Property in Phoenix
Hello All,I have significant amount of equity built into a Investment property SFH in Phoenix. I was wondering what are my options to use the equity for downpaynent for another rental house? I hear HELOC, HELOC intere...
Adam Hurst
Can I ask for proof of income?
I got this application. I can’t imagine an adoption subsidy that is $10k per month. Can I ask for proof? A few other red flags but this is the main one. It puts this applicant at 6.7x rent. Rent is $2150.
Brie Schmidt
Help with Milwaukee Property Tax
I am hoping someone from the Milwaukee area can help me with some questions on property tax. I am under contract for the below property
http://assessments.milwaukee.gov/remast.asp?taxkey
When I go to Tax Balan...
Sheila Mathers
Home Equity Loan on Non-Owner Occupied Rental
My husband and I own three duplexes that we rent out. They are all paid off. We are retired, and the rents are how we derive income. We also own our residence outright. Our credit scores are in the 800 range. Our ...
Charles Craig
Line of credit question.
Ive been to several local banks here asking about lines of credit and none of them seem to offer that. While speaking with on lone officer they mentioned a credit card.
So my question is:
What is the big difference b...