Brian Milton
Paying off a mortgage
How much would I have to pay a month to kill a mortgage of 279K in 10 years and in 15 years? I don’t know how to calculate this. Thanks in advance for your help! Sincerely, Brian
Colton Hamilton
Which Path to take regarding Financing
Hello BP!
I am currently struggling to figure out my financing path to my first real fix and flip. A little background on where I stand currently.
My personal bank account is nothing to brag about and but I would ...
Martin Peter
Private money from relative - Help needed
Like any good investor, I feel like I am working on it all the time. I love it, so it's not quite like work, but ideas are always turning in my head. So over the holiday weekend I was at my parents and we were talki...
Deb Somdahl
4-plex purchase strategy - facing capital improvements
I am looking at a 4-plex investment. It is built in 1985 and has an original roof, and 2 original A/C (so two are likely ending useful life). I am weighing making a lower offer and planning for these large capital imp...
Burt L.
What Are Other Downsides to a 1031 Exchange I Can Tell a Seller?
I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
Sam T.
Business Credit
Is anyone using business credit to fund their deals? looking for some information about this. I have done hard money deals in the past but i would like to get more info on this, any help would be great!
Chad R.
Is there a Tax Benefit to having Mortgage interest all on rental property ?
I am in the process of moving to FL where I have 2 short term rentals. both with mortgages on and the new Primary will also have a mortgage. Is there a tax advantage if I do a cash out refinance of one of the rentals ...
Joshua Dorkin
US Credit Downgraded from AAA to AA+
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
Jose Bordes
Hard Money Draws on a reimbursement basis
I recently financed a deal using Hard Money with the typical LTV 80% and they cover 100% of rehab. My question is "Is it standard practice that the Draws are on a reimbursement basis?" This totally messed up my calcul...
Linda Sandoval
Questioning a private money lender
Hello from Houston, Tx. I have reached out to a private money lender for the first time. Being the first time, I am really skeptical, I don't want to be scammed. For those who have experience or are private lenders ca...