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Results (8968)
Ahkeem Smith Brrrr strategy explained
16 July 2018 | 1 reply

I planning to do my first BRRR strategy around next spring, but I wanted to make a few things clear first. I understand the basics up until after the refinance. Once we’re able to cash out after the new appraised amou...

Ami Singh I need LLC docs for SDIRA - operating and subscription agreements
21 December 2018 | 3 replies

Please contact me if you know of a good resource to get the correct LLC docs (operating and subscription agreements) when I am using SDIRA funds for equity in a deal.  I am based in LA, so I prefer to work with someon...

Marc I. Subject 2 Call Due Scenario
31 August 2018 | 2 replies

In the *rare* event a mortgage is called due on sale by the lender, typically the options are to 1. refinance, or 2 cut a check for the remaining balance of the loan, correct? #2 isn't really an optionIn the eventuali...

Pedro C. Is labor on a CAPEX related item tax deductible?
29 July 2021 | 3 replies

We just bought a dishwasher for a rental property and we know that we cannot expense it this year. Our understanding is that this is consider a Capital Expenditure and if gets depreciated over a period of time. Ours q...

Oliver Newton Seller refuses to sign mutual release agreement
24 September 2021 | 2 replies

In April 2021 my wife and I were looking into purchasing a house for her while we used to be geo bachelor’s. We were under contract escrow paid but we exited the contract due to a lead pipe and levels that we were not...

Luc Tran Fire Recoverable depreciation belong to me or the contractor?
25 March 2020 | 2 replies

My rental home was damage by fire that started by the tenant. The insurance claim paid out a portion and the recoverable depreciation portion is to be paid after the work is completed. Does recoverable deprecation bel...

Thiyagarajan Madhavan Phoenix AZ - SFH rental property escrow close date is 3 days away
2 April 2020 | 2 replies

I am on a contract to buy a rental 4 BDR, 2 Bath SFH property at AZ Goodyear. My escrow closes in 3 days from now. Seeing the current covid-19 scenario, jobless numbers i am thinking of walking away from my contract t...

Will G. how to get denied financing?
31 March 2020 | 2 replies

hey all, I started a purchase back before c.v. on a multifam and got a preliminary approval for financing, but now i am looking at 30-40% lower income for the next several months at least and at this point am just not...

Chris Igard Should I pay my mortgage the month I’m selling?
10 March 2020 | 2 replies

We close on the 28th of the month and I’m wondering what’s the point. Our mortgage is late after the 15th of the month. I realize we will incur a late charge and if it doesn’t close on time we are taking the risk of ...