Amy Harmon
Anderson Business Advisors
@Jason Strange @Quenton Mullins @Wilco Ravestijn @Joe Durham @Joyce Drayton To the Anderson Business Advisors Clients, I have a question/concern about the security of your assets from Anderson, hoping you can help. ...
Sherri Southwell
Becoming A Hard Money Lender
I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
Jinyu D.
conventional mortgage limits for married couple in NC
I'm doing a cash out refinance on a primary residential which we'll turn into a rental soon. As I heard the mortgage limits is 4 per person, I try to finance it under my name only so that we can get up to 8 loans. My ...
Errol Sadler
Cashout REFI Companies
Hey BP, how is everyone doing. I've been trying to figure this out for some time but have been unable to so I am looking for some suggestions. I currently have 3 (4plex) that I own out right in Georgia and I am look...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Kyle Jenkins
Seeking advice on basic tax strategy
I currently have a condo in connecticut that i will be renting out in august. I am moving to a single family in texas. I am looking for advice on taxes from the basics. With this property going up for rent what are ta...
Lauren Cook
Partnership question- acquiring a new property
I could use some advice! I own two homes, one primary and one investment on my own. I also have equity (35%) on a third worth about 365k that closed in February. I have been doing house hacking for a few years and hav...
Matthew Dovner
50% rule question
say if a multi needs to be rehabbed in order for it to be livable. Say it needs 60-80k in work. Say the asking price is 375,000.00. Do you apply the 50% rule to the 375k? Or the purchase price plus the rehab?
Rob Beland
Need help tonight BP. I'm writing an offer for a sandwich lease (I think)
Hey BPers...I need some help tonight. I'm looking at purchasing a SFR from a friend and we discussed two options. The asking price is $85K. Rent is $850/month and the tenant has been there for about three years. Good ...
Roseann Koefoed
Stuck in an unfair laundry lease
I just closed on 24 units in Illinois. I found out at the closing table that the Seller was passing to me a completely unfair laundry lease with Jetz. 10-year auto renewals if I don't provide 365 days' notice to can...