
21 February 2025 | 2 replies
RE has always been a big thing that always intrigued and in 2024 I went ahead and took the risk of buying a fix and flip investment with a partner and soon it will be on the market!

4 February 2025 | 5 replies
If they do, your best bet is a local community bank that funds these types of properties.Another option is a private lender but that money will be pretty expensive, as mentioned 10% +

21 February 2025 | 1 reply
Different lenders will have different minimum requirements.Hope that helps...

6 February 2025 | 11 replies
If this was a case of identity theft then she will eventually get it sorted out and removed from her credit report.

18 February 2025 | 5 replies
There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

10 February 2025 | 9 replies
Just not sure if we are willing to do some out of state deals yet.

8 February 2025 | 12 replies
Then I plan to become a travel nurse and we will live in the RV while the two are being rented out and go from there buying more properties.

14 February 2025 | 17 replies
If that is the case they will just book someone else's weekends and you will lose that revenue also.As Colin said, you need to discount the week days to make them attractive during the slow season.

9 February 2025 | 10 replies
If your willing to do so, you can live in the casita and then rent out the main home and have your tenant pay the majority/all of the mortgage (depending on what type of deal you find obviously).

3 February 2025 | 12 replies
This will typically be a DSCR loan up to 75% of the new value.