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18 January 2025 | 0 replies
Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth
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28 January 2025 | 9 replies
I’m going to disagree with @Chris Seveney and say whether an assignee could force a sale directly would be a state law issue and heavily dependent upon the contract terms.
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16 January 2025 | 4 replies
Quote from @Martin Jones: Hello, I'm young individual who is interested in long term buy and hold multifamily real estate.
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16 January 2025 | 21 replies
Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).
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16 January 2025 | 19 replies
Historically, real estate will appreciate over the long term.
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17 January 2025 | 17 replies
The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.
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21 January 2025 | 4 replies
I’m currently exploring the Short-Term Rental (STR) market in Ft.
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28 January 2025 | 11 replies
Selling for $380k means an $80k taxable gain at long-term capital gains rates (0%, 15%, or 20%, depending on income).The $80k HELOC used for personal debts doesn’t affect your taxes.A 1031 exchange could defer taxes, but you’d need to reinvest in another investment property, not a home for your mom.
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27 January 2025 | 21 replies
It gives terms identical to a VA loan and is specifically for multifamily purchases.It is a deal by deal basis.
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16 January 2025 | 3 replies
We are now doing short term rentals but we're thinking about changing to a small wedding venue.