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5 April 2024 | 2 replies
you should get a RMLO or an underwriter to qualify the borrower. if its owner occupied and in florida you also will need to use a third party servicing company to service the loan which will run you around $450/yr. not an accountant but its my understnding unfortunately the interest income is going to be taxed at ordinary income and the principal will reduce the principal. how you offset the losses talk to your CPA.your best bet honestly is to just sell it and bite the bullet.
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5 April 2024 | 12 replies
Future Tennents not only look for the property pictures / Walktrue video but also how trustworthy the landlord is because there are a lot of rental scammers.
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4 April 2024 | 5 replies
A mentor can help you avoid typical problems and offer advice, support, and insights as you negotiate your initial transactions.Assemble a trustworthy group of experts to support you during the wholesaling and subject-to transactions process, such as real estate brokers, lawyers, contractors, and bankers.Real estate investment may be difficult, and tenacity and determination are frequently necessary for success.
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6 April 2024 | 11 replies
Some will pay to stay waterfront but there are just as many I’m betting that would opt for slightly less expensive digs in a very popular tourist destination.
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4 April 2024 | 18 replies
He seems like a great, trustworthy guy and I even spoke with one of the people he coaches, Peyman Parsi, who seemed very knowledgeable and legit.
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6 April 2024 | 4 replies
I don't think the sheriff will do anything without an eviction having been processed which it doesn't sound like is necessary here.As for the cameras, I think Ring is probably your best bet.
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6 April 2024 | 22 replies
That may be your best bet if cash flow is your move.Florida will be great for appreciation, we still have people moving here like crazy.
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4 April 2024 | 8 replies
I bet it came out amazing, and now that its almost summer you can focus on the outside!
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4 April 2024 | 1 reply
It sounds like unconventional lending and partners seems to be my best bet but I would love some more input from the community!
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4 April 2024 | 15 replies
@Tanner Lewis Thanks for the reply, seems like driving for dollars or connecting with a wholesaler would be my best bet to find a property to brrrr.