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1 January 2025 | 4 replies
If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?
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4 January 2025 | 28 replies
And what kind of MBF do you get out of a typical stem.
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5 January 2025 | 2 replies
While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.
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8 February 2025 | 49 replies
Consider strategies like rental properties, BRRRR method, flipping for capital gains, multifamily properties, mobile home parks, Section 8 housing, geographic diversification, and building a team.
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7 January 2025 | 10 replies
Typically people charging for that service are doing it because they need the money...if you catch my drift.
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9 January 2025 | 9 replies
I know when you make an offer you typically specify how you plan on funding the deal.
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27 December 2024 | 18 replies
.: I'll have to look into this I typically contribute the max to a IRA then do a backdoor conversion to a Roth IRA.
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6 January 2025 | 10 replies
Expect rates to be higher than "typical" financing programs - right now, I'd plan for at least 8%+ depending on the whole scenario.
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5 January 2025 | 0 replies
Does anyone have any insight into what these types of businesses are typically looking for in a partner and what I should be doing to make my space a good fit for them?
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11 January 2025 | 420 replies
What are the typical pre-payment and mortgage payment increase restrictions on a fixed rate residential mortgage in the U.S.A.?