Account Closed
Question on Cashflow Calculating Accounting for Boom Bust
Hey everyone,I've had a question for a while. I've read a few books now that all talk about cashflow analysis for a property, but there's one thing I am not sure how to handle. One book I read mentioned how along wi...
Lynn Gormley
financing during a divorce questions
hello, new to BP and excited with everything there is to learn. I have a question regarding financing. Not looking for legal advice, but more looking for good financing advice. I am in the process of a divorce and pla...
Keith Jourdan
#21 Rental property closed yesterday!
Closed yesterday, 3 bed 1 bath Bungalow with a basement/garage in Redford Michigan.Redford is a suburb of Detroit, close to Westland / Livonia / Dearborn / Garden City / Canton / Plymouth area. Paid $58k. Went under c...
Christian Marianecci
Foreign European Inheritance.
Hello everybody I hope everyone is doing well. I apologize in advance for the lengthy post. I have a few questions as I am new to the game but I have a basic understanding through this great site and finishing the Ult...
Benjamin E.
Help! Loan Officer screwed up three days before closing....
Please help! I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, clearing inspection items and seller credit, getting the lender appraisal, etc etc. Closing date i...
Carrie Hallensleben
Kansas City Multifamily Financing
Currently my husband and I own three rental properties along with our primary residence. We are interested in moving toward small multifamily i.e. 4 to 6-plex to start. My question involves financing. We have a home t...
Winston Ferguson
Trouble finding lender
I have a SF home fully rehabbed, nice neighborhood & location with 6 month bridge loan (1 month remaining) in company LLC; owe $56K with ARV $92K. I am having difficulty finding lender who will refi with cash out....
Thomas Burnett
Need Help (in over my head)
I've got an issue that might turn out to be good for someone willing to help out a newbie. Here's the situation:Perousing the internet and MLS I found a very distressed property that had only been online for about 6 h...
Sanjay Gupta
Independent Contractors paments
Do we need to issue 1099 form to Independent Contractors which were not not licensed contractor for payments done ?What about General Licensed Contractor who gave us invoice for work and we paid for invoice? Do we n...
Alexander Owen
Second Multifamily financing, Massachusetts
Hi, Everyone I’m new here to BP. I’m 23 and just bought my first 3 family unit in Fall River, MA. 2 months ago. My goal is to replace as much of my income as possible with passive income.The property is cash flow posi...