Jorge Garcia
Refinancing and leaving a 3.5 fixed rate behind
Have refinancing rates gotten better or is it recommendable to wait until next year to see what happens? I want to start a business and I want to use that money towards it. However I got this property locked in a fixe...
Dan N.
Setting up a land trust owned by a WY LLC - any recommendations (Besides NCH)?
I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendat...
Marc Alpho
Is the fee from the MIP included in the Base Loan Amount of 203k?
Is the MIP fee included in the amount we receive from the FHA 203k loan or do we have to pay the fee from our own money out of pocket before taking the loan ?I apologise if it might seems a bit obvious.Thanks in advan...
Justin Butterfield
llc question regarding bank accounts
im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring t...
Jordan Lepley
Whats the Right direction for me!
Hey BP, I just had a quick question about what path I should take! I have decent funds (50k cash and looking to invest) also have a good w2 job but I’m currently looking at doing real estate and making it full time bu...
Annwar Matani
How do Hard Money Loans work?
Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...
Erod R.
advance rent payment
hi everyone,I am the owner of a small commercial building. it has two store fronts on the ground floor and residential apartments on second and third floor. i am currently renting one of the store and found a potent...
Andrew Taylor
Tax Implications of Balloon Payment?
We sold a property last year and are carrying the note. Buyer has been making monthly payments and is due to make the balloon payment in a few months. I'm wondering what the tax implications are for both the payments ...
Elizabeth Naranjo
First Fix & Flip - Need some advise.
Hi there,
I bought an investment property in Colorado in mid-may. I live in Florida but I know someone in Colorado who is a GC and I hired them to do the reno. Property is in the best neighborhood in Denver, and it ...
Pedro Perez
Analyze multifamily property with an asummed loan
Hello everyone. I have a question. If I want to analyze a multifamily property which asking price is $3.400.000,00 and already has a loan for $1.462.000,00; The property is being sold with the loan, and this is a non-...