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20 February 2025 | 7 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
20 February 2025 | 2 replies
I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).
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18 February 2025 | 4 replies
Also we both have full time W2 jobs.
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22 February 2025 | 0 replies
Looking for a full on house rehab!
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20 January 2025 | 0 replies
I am going to be lending to an investor on a single family home. There will be renovation of the home that is $82,500 worth of renovation. The Homeowners Insurance will include Builder's Risk. During this renovation...
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18 February 2025 | 20 replies
How come he isn't paying the full amount?
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21 February 2025 | 2 replies
Everyone already knows someone who can sell them a house in the US.With over 15 years of experience combined in international travel and Airbnb hosting, I am now a full-time consultant that helps Americans purchase property and set up their businesses abroad.Me and my partner own three apartments in Croatia that I manage myself remotely.
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26 January 2025 | 32 replies
I had zero knowledge when I started, now I'm a full time investor enjoying life, so yes of course I can say it's real :)
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20 February 2025 | 7 replies
I'm a full-time agent/investor here and have lots of experience on both ends.
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19 February 2025 | 11 replies
Facebook feed is full of drama?