
26 January 2018 | 5 replies
You recycle the same down payment from the 1st property into subsequent properties.

17 April 2019 | 1 reply
It's happening again.360 Mortgage Group plans as much as $1 billion in “NINA” loansIt’s important to note that despite the loan carrying the “Agency” name, which would imply that one of the government-sponsored enterprises is backing the loan, neither Fannie Mae nor Freddie Mac is backing these loans.Initially, the loan will be available for non-owner-occupied investment properties only.https://www.housingwire.com/articles/48810-no-income-no-asset-mortgages-are-back-at-one-lender-at-least

16 August 2014 | 9 replies
Assuming that you're in a city, the answer, and any subsequent answers to how it can be done if it can be done, will be largely driven by your city's land development code.What can safely be assumed though, is that you'll have to have some sort of street access.

10 September 2014 | 1 reply
It's very easy to let the wrong person in your house who will subsequently destroy your house and you will be left to pick up the pieces.

5 May 2014 | 4 replies
What it found is that while the latest housing bubble may have indeed popped, manifesting itself not only in a decline in flipping prices but also a tumble in flipping activity across the US as a percentage of all sales from 6.5% a year ago to just 3.7% in Q1, and down from 4.1% last quarter, flipping, where a home is purchased and subsequently sold again within six months, can still be massively profitable, leading to returns that would make the pimpliest 25-year-old, math PhD HFT-firm owner green with envy.Among the core findings was that the average sales price of single family homes flipped in the first quarter was $55,574 higher than the average original purchase price.

2 June 2019 | 5 replies
@Scott SmithHi Scott,I actually had one more question, a job relocation made me move out of state,would it make sense to sell the property (Personally without llc or Land trust)and purchase subsequent property ( looking to buy commercial with six or more units)under an llc.How does this approach fare withselling current property post transferring to an LLC from an asset protection perspective.Appreciate your input.

3 November 2018 | 3 replies
., In a wholesale deal there is no way to perform a 1031 exchange.The 1031 requires that the exchanger actually sell and subsequently buy investment real estate.

3 July 2019 | 17 replies
Subsequently she sued me for the return of her security deposit (had not paid rent for 5 months!).

5 April 2019 | 24 replies
The estimate was $32k, which, based on what I’ve learned since then, was on the high side in my market (though that figure did not include the plaster work that would have been subsequently required).

22 January 2019 | 3 replies
Depreciation - 27.5 years - differentiate the cost of land separately from the cost of the building - keep your paperwork from the purchase and the subsequent saleIncome/Revenue - All rents received, sometimes security deposits, late feesExpenses- Maintenance, interest paid, utilities, real estate taxes paid, repairs