Properties in the key areas of the city ie BB, SE, BH, Midtown and even The Fenway require almost 25% to 30% down in order to create cash flow and appreciation.  

Hi everyone,

I am new to the site and new to real estate as well. My husband and I closed on our first rental house last month, a 3 unit MF. We are waiting to close on a second 3 unit. Both are currently fully occ...

You can also use this to contribute to a solo 401k and provide yourself other benefits as well.Also what is passed through is not subject to SE tax it is recommend that you pay a reasonable salary or expect an audit.

My relationship is with the mortgage broker, not the institution per se, but its also dependent on my personal info (FICO, income, strength of job, etc..) which is why they would be able to do it.

If you are the high anxiety type consider a lawyer, but if you are willing to put up with the headache you can probably do it yourself(Pro se) If you lose then hire a lawyer and do it again, you can usually do that if you lose because of a technicality like proper notice, service etc.

You can't just partner per se unless you have a contract to have an interest in the property which is "control", the owner might deed 25% interest to you, but that has loan issues, options in Tx are limited to 180 days, contracts for installments are not allowed, so your degree of participation, what you can do is limited by your marketing time.Doing these deals is working backwards, the end sale, the construction work, catching up the loan, entering into agreements, we need to map it out first as time is money and the bank only has so much time as well. :)

Sounds like a use of funds problem, I suggest you talk to your bank, then other banks.It's all about your experience, ability to perform, getting deals/jobs done on time and on budget.Look for local private money, many Realtors will get involved, they may not be lenders per se but may do a deal.

As Jon Holdman said ordinary income subject AND SE Tax if applicable.Amount in relation has nothing to do with it.

I'm looking for feedback on general contractors in the Milwaukee/SE Wisc area.

Rental prices in my rental area of SE Portland are up 9% year over year.