many people i talk to say that what is left on their mortgage is none of my business.this last guy said "if you buy it for the right price it shouldnt matter how much is on the mortgage because ill just pay it off".fo...
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This is a property that more or less fell in my lap. I'm a wholesaler so I only know residential, but I have a probate lead that is a commercial building. It's mixed-use, with a retail, laundromat, two industrial sh...
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Hi everyone,
I bought my very first REI (buy and hold) multi-unit near Mueller 4 years ago as an OOS investor. I jumped into it wanting a piece of Austin after visiting several times and seeing the obvious attractive...
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Greetings ALL!Im a new investor looking to collect 70 commercial multifamily units!My question for you is: What are the qualifications that need to be met in order for a commercial multifamily loan to be granted? (I d...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello!I'm a complete newbie from Minnesota and started my real estate journey in January 2023. I just si...
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Hello BP!I wanted to see if anyone has some advice on how to maintain clean books/records. I am involved in multiple real estate investments, all of which have varying equity interests so it is difficult to keep all p...
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So my wife and I are beginning our real estate dream. She is currently working as an RN and will be accepting a job in Tucson, AZ at the end of July. We currently own no properties and I work in CA(military) with plan...
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I always used "Make Deposits" or "Create Invoices" to receive rent in QuickBooks, and it was all good. Now, for the reason I don't understand, when I create a report called "Transaction Detail by Account," (which is o...
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I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
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Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...