
5 April 2024 | 3 replies
Where to go to get all the information an investor may need like for taxes, trends, what's coming, and all other vital information that I would need to even consider making an offer on a property?

6 April 2024 | 2 replies
Got approved for an HM Loan, and it mentions that the construction portion of the funding will be held and construction draw requests will be sent accordingly.
5 April 2024 | 9 replies
If your loyalty means something and brings you satisfaction, maybe partner with the current owner for a portion of ownership in the team.

8 April 2024 | 35 replies
Since interest rate is now high, then IO product becomes interesting.When interest rate is above 6% ; the principal portion of the first 5-8 years is so low that it almost has no point of having principal, so IO loan product becomes (g00d) product, BUT.....this is the but:1) if i plan to hold the house longer than 10 years hence it's better if I add principal which will reduce cashflow2) but if you plan to house longer than 15 years, and your home appreciate more than 5% yoy, just for the sake of 100 dollar cash flow, then you miss the bigger thing which is appreciation.

5 April 2024 | 9 replies
Therefore, the owner's share of the interest on this mortgage would be subject to the limitation.Given this analysis, the owner's deductible interest would include the full interest paid on the individual mortgage and the portion of interest paid on the underlying mortgage that falls within the $750,000 cap.In summary, while the individual mortgage isn't subject to the $750,000 cap, the portion of interest paid on the underlying mortgage that exceeds the cap wouldn't be deductible.

4 April 2024 | 16 replies
The other portion would come from the tenant.To make sure, you should call the housing authority of the place you are looking to invest.

6 April 2024 | 45 replies
Ended up having to have a portion of it replaced a few years later.I'll have to start looking around more though for my contractors.

4 April 2024 | 32 replies
I decided this because fair market value for rent on the entire house is roughly $3,000, which would make his portion of the "rent", $1500.

4 April 2024 | 8 replies
However, I do feel confident in my ability to do a good portion of renovations on my own and I am pretty good at making the interior of a house look great.
4 April 2024 | 13 replies
Also keep in mind that section 8 doesn't always pay ALL of the rent, and the tenant's sometimes have to pay a portion, so you will have to collect their portion.