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7 November 2024 | 22 replies
Asset protection is an obvious reason for many, but if you are sued, in reality, the opposing attorney will do everything to get to you personally, anyways.
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7 November 2024 | 1 reply
obviously it would have to be no income verification lender. i understand that the interest rate might very well be higher. i have good credit and an impeccable payment history. im looking to consolidate and pay off debts other than the property. much thanks in advance
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8 November 2024 | 1 reply
Wells Fargo initially quoted $1M value at for the house so they said $5.5K for the county tax (.05%) and $13.1K (1.28%) but a total of $18.6 in taxes but that seems really high
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11 November 2024 | 36 replies
Then you do floors because you can't do base and case until the floors are in and going full costs of paint will just get damaged during the balance of the rehab (although I often complete the ceiling paint in total).
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8 November 2024 | 3 replies
I attended a number every month totaling 50 plus of them over 2 years.
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9 November 2024 | 8 replies
You can own more than one property with your VA benefits so you want to check your total allotment.House hacking with a kid is always just a choice and dependent on the proximity of the other unit and more.
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7 November 2024 | 12 replies
While we are both gainfully employed and have good income, our DTI (Debt to Income) is obviously incredibly skewed even though our properties cash flow.
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7 November 2024 | 5 replies
@Dani Beit-Or,Yes, since you're taking some profit (the primary exclusion) out that would reduce your reinvestment requirements by that much.the 1031 exchange will defer all of the remaining gain and the depreciation recapture.In your situation, you will have a total profit of around $1.5.
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8 November 2024 | 4 replies
If you need to modify the agreement, you need to keep track of the notices/addendums and then over time interpreting the lease becomes messy because the agreement is actually the sum total of ALL of those documents over time.
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2 November 2024 | 2 replies
Obviously I will have a title search and get title insurance but I assumed they would still be required to fill out a SD but maybe not.