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19 September 2024 | 1 reply
Some say they have policies that they won't issue title unless a year, two years or even FOUR years have passed after the redemption period has passed.
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22 September 2024 | 6 replies
During this same time period my wife and I both quit our jobs and started a dog-walking company.
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20 September 2024 | 7 replies
You’d still be using your funds, but by delaying ownership transfer, the expense would fall under your ownership period, making you eligible for depreciation.Discuss these options with your tax advisor to ensure everything is structured properly for IRS purposes.
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21 September 2024 | 71 replies
Likewise, the Fed will not hold interest rates high for a prolonged period of time (but the next couple of years will see them elevated I guess)… In the short term they will continue to raise them to continue to combat inflation.
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19 September 2024 | 2 replies
In California, if I want to sell my share of an inherited home to a family member through owner financing, is it possible to charge zero interest, say through a ten year pay back period or is there a minimum interest rate requirement?
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21 September 2024 | 69 replies
I’ve gotten in the habit of offering cash with few or no contingencies then refinancing after closing/ seasoning period.
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20 September 2024 | 31 replies
Because it's standard in most contracts to have an inspection period I make my offers based on the photo and the asking price from the ARV.
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20 September 2024 | 23 replies
(biggerpockets.com)so, if you're serious about a market - you need to go there in person. if you're not willing to do that, then don't invest there.2. you're not going to cash flow in the first few years, in any market, period.
18 September 2024 | 10 replies
The area and price range you mention should go very quickly regardless of the time you list the property... when you sell - you can also ask the buyer to provide you with an extended closing date or lease back ( if you need some extra time before needing to move ) .
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18 September 2024 | 3 replies
I understand there's a one-year waiting period before converting a primary residence into a rental property, but does this same one-year rule apply when converting a rental property into a primary residence.I have another question.