Account Closed
What's up with these lenders?
Screwing up paperwork, sending me somebody else's loan application to sign! Taking a week off right after they were suppose to be getting "in touch" with you...etc. Are they just loaded down with more loans they ca...
Christian Rojmar
Mailing campaign w/out cash offer
Good morning fellow BiggerPockets people! I am thinking about starting a direct mailing campaign (or another marketing campaign) to target specific areas but would prefer not to have the all cash and quick close state...
Sophie Sawyer
$100k income in W2, but $0 on tax return adjusted income
Can I take out mortgage loan given:
I have a stable $100k W2 income from my employer, but opened an LLC this year and am projecting a loss of $200k in the first year. This loss is expected and not a problem. However,...
Bob Lowry
Landlord Insurance
Anyone familiar with "landlord insurance" that insures against loss of income due to vacancy or eviction?Heard about it on an investment webinar as being a feature they offered to protect the revenue stream of the inv...
Lewa O.
S Corp Loss Reporting impacting Personal Mortage Qualification
Hi,
Looking to get some insights from the experts.
As a REI, we do our real estate transactions under an LLC (S Corp) that focuses mostly on new constructions funded via private lending.
Now an average time for us...
Deanna S.
Property Ins. in Cleveland area does not cover burst pipes?
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
Kenneth LaVoie
How to know if you've got enough coverage?
We use state farm and have "cash value" coverage. They've explained 20 times what that means but I find I forget over time. It has started me thinking that maybe I should shop around? We're die hard State Farm clients...
Brady Huf
Using excess depreciation against other business (S-CORP)?
I have an S-CORP that I run my video production company through.
I am planning to start an LLC to purchase my first investment property.
Question 1:
Can I use excess depreciation from that property to offset taxes...
Sean Barber
How do FI passive investors (Syndication LP’s) get loans?
As the title says, I’m trying to plan for the future and curious how this works. Ideally, if I’m invested in many different RE syndications that are using leverage (and doing cost segregation analyses), then my annual...
Alma Irizarry
Renter's rent Insurance
Hello, Is there such a thing as Renter's Insurance for landlords? Meaning if a tenant doesn't pay his/her rent, can I buy insurance to cover for the missing rent payments.I refinanced my rental property a few months...