Jason Hatfield
Buying a house at auction
29 January 2025 | 9 replies
I recommend that you find a trusted or recommended Mortgage Loan Originator (MLO), who can give you options for property-based loans (mostly investment loans) and they don't use your taxes but the P&L of the property.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
Have you passed the tax assessment yet, or is this your first year of owning it?
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
Most non-qm loan products will never have a 95% LTV due to the inherent risks associated with these type of loans not being traditionally backed by fannie or freddie (investment banks).
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
I was broke enough that I couldn't afford rent at my apartment, but fortunately my landlord didn't notice, thanks in part or in whole due to some substance abuse issues.Anyways, when visiting my mom in the neighborhood where I grew up, I had noticed this construction van at a house on our street.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
The interest would be tax deductible due to interest tracing rules.
Grace Chee
Appeal property tax increase in FL
27 December 2024 | 7 replies
That will show what proposed tax increase you will see.
Karl Kauper
1031 Exchange Deadlines
24 January 2025 | 10 replies
In either case use the contract to create some built in relief - a longer than usual closing period or due diligence period, or finance contingency.