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23 August 2024 | 11 replies
Easiest place IMO is your own backyard.
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21 August 2024 | 3 replies
The are always multiple variables such as: are the gift funds involvedProperty typecondition of the propertyIs it ruralTitle seasoningReservesLTVWhat is the estimated DSCR ratioCitizenship status: Foreign National, ITIN, Citizen, Resident, permanent residenceDoes borrower have investor experience or notMortgage payment history called a VOM or proof of timely paymentsGift of equity or not100% gift funds or does borrower have at least 5% down payment and their own reserveshow many acres does the property have?
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22 August 2024 | 7 replies
They apply, but you are just subject to gift tax at that point, which does not actually result in a tax bill for you, but a reduction in your total giftable allowance which is ~13M dollars.
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21 August 2024 | 1 reply
This was the easiest way for me to get into real estate and determine if this was something I wanted to pursue.
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20 August 2024 | 3 replies
Hi @Ryan Dunn - the easiest is just to ask a few brokers that are active in the area, you can also simply attend a local real estate investors meetup (a lot of them are free or very inexpensive) and let folks know you're looking to offload your inventory.
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23 August 2024 | 29 replies
Bedroom rentals is a great way to start and one of the easiest.
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20 August 2024 | 2 replies
Hey Eric - I would do this as 1) gift funds and you are the sole owner or 2) make an LLC with the two of you and put them as a 24% owner so they will not have to sign onto the loan.
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21 August 2024 | 9 replies
3/2 SFHs are the easiest to rent.
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25 August 2024 | 57 replies
Moreover the quote becomes expensive if a lot of work needs to go into it, so they need industry standards based on published data or internal data.With that said, the easiest way to increase your margins is to figure out how to charge more.
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19 August 2024 | 13 replies
- Current income- Hope of price appreciation- Vacation home to go to- Future retirement home- Store of value/hedge against inflation- Generational gift to the family- Alternative to traditional retirement investmentsI'll go first.