Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
I generally pride myself on choosing very good applicants but this one didn't sit well with me when signing the lease and I didn't have the greatest gut feelingLike the title says, these tenants were very qualified. T...
I just got back from Big Bear and I noticed that there were realty businesses all over the place and a ton of inventory for sale. Does anyone on here do vacation rentals in Big Bear? Do they cashflow? What are the ...
Hi, I am interested in learning how to start a vacation rental management business. I would love anyones advice on how to get started. Even the basics. Do I need a lic (I have one)? Does my company need to be in th...
The lease signed for one year, and it is going to expire in March, 2. The tenants due is $$2745. The deposit is $2000. If the tenant did not pay the electric and water bill, me- the landlord is responsible for the due...
Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation. Is ...
I have a negative cash flow property out of state I bought about 10 year ago that was a mistake before I knew better. Trying to decide to take a big hit and sell it cheap or hold on to it and hope market recovers. ...
I need a new roof on my latest flip, NEW GC said he wants the full $6100 down because its not my primary residence. He won't sign the invoice until its paid in full (and I live across the state). I called one referenc...
Ok so it seems EVERYONE is making renting to sec 8 MUCH more complicated than it needs to be, not sure why. Maybe some guru is selling courses and telling everyone it is. Well, it's not. So here are answer to most of ...