
23 October 2024 | 16 replies
Are you looking from a more traditional real estate perspective where you're trying to acquire an asset for long term preservation of wealth, tax advantages, to have guests help out with the mortgage payemnts, potentially have rents and home value increase in time with normal inflation, and are okay with the idea of paying some amount out of the pocket some (most?)

16 October 2024 | 3 replies
Hello BP Community,I finished a webinar on Tax Overages and the presenter is offering training for $1500.

23 October 2024 | 4 replies
This is why I got into note investing - I spent 20+ years in commercial and residential real estate - then for my own portfolio looked at tax liens and realized there is not much creativity that can be had there, but if you have a creative math mind there is so much you can do with notes to be creative and as you mention create income, or wealth building.

15 October 2024 | 16 replies
Your 401k administrator will help you set this up and usually you have to make monthly payments. 4) If you default on your 401k loan, the entire balance is distributed to you, then you have to pay taxes and a 10% premature withdrawal penalty.

21 October 2024 | 4 replies
This means you can likely deduct the interest on your taxes because the loan is connected to your investment properties.
21 October 2024 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
21 October 2024 | 4 replies
If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

20 October 2024 | 9 replies
- **Property Taxes and Insurance**: - These payments are usually your responsibility as the buyer.

21 October 2024 | 1 reply
What are the monthly taxes and insurance pmts?

27 October 2024 | 25 replies
All tax credited.