Most investors I speak to focus on the interest rate and LTV (loan to value) when seeking a commercial loan. Unfortunately, many are not paying as much attention to the pre-payment penalties. In today's climate I know...
Hi, We're in San Diego, CA. needing help with filing our taxes. Our family Tax Account is recovering from major surgery. Long story short, we've made many attempts to contact our Tax Account with little success. Our d...
I wrote this post a few weeks ago, below, warning real estate investors, with entites (e.g. LLC, S-Corp, etc), to file their BOI Reports by the end of the year to avoid being penalized up to $10,000 per entity. I also...
I would like to purchase a new investment property and use it as AIRBNB to get profit. Based on my employment history I am only able to pull DSCR loan and I am seeking assistance in getting the right lender and doing ...
Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...
Can anyone direct me or tell me if I can take money out of my Roth IRA and invest it into buying a house?
Hello everyone. I'm having a calculation problem and was wondering if someone could help me do some math. I have a private lender willing to borrow me exactly $187,131.95. They are willing to do a balloon of 10 ye...
I need some straight forward answers (fact not opinion) on contracts..... Is it LEGAL to assign a contract in the state of FLORIDA............ YES / NO and what should the clause say? should it say Tanesha Mills or as...
IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
Does a buyer working through an LLC affect how hard it is to get a hard money loan or to refi after the property is bought?