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22 January 2025 | 0 replies
Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.
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1 February 2025 | 0 replies
The service providers RTR referred me to were happy to work with me even though I don’t have a US residence.
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7 February 2025 | 6 replies
Quote from @Alan Asriants: Here is a note I found from Fannie mae: ADUs are not eligible with a 2-4 unit dwelling, or when a manufactured home is the primary residence.
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6 February 2025 | 19 replies
Since you are renting out part of your primary residence in Maryland, your main concerns should be liability protection and tax compliance rather than complex asset structures.
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5 February 2025 | 38 replies
highlight_post=6803139&page=1#simplified-forums__discussion__replies-containerI have no reason to alert you of this danger other than honestly trying to help you avoid the trap that the rest of us fell into.FOR YOUR OWN SAKE, DO NOT BELIEVE ANYTHING MARCO OR NORADA TELLS YOU UNLESS YOU SEE IT IN WRITING AND HAVE IT VERIFIED BY YOUR LAWYER.
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28 January 2025 | 20 replies
You ARE subject to CA LLC tax just by the fact of YOU being a CA resident, sorry.
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27 January 2025 | 6 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.
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5 February 2025 | 0 replies
Investment Info:Single-family residence wholesale investment.
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17 January 2025 | 5 replies
(I can honestly say that I have never met another Meghan with the same spelling!
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27 January 2025 | 10 replies
@Michael Smythe my numbers could be off, honestly I'm still learning as I go.