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2 December 2024 | 11 replies
After the property is acquired, during any 30-month period, the additions to the basis need to exceed the adjusted basis at the start of the 30-month period.What is the 50% of gross income test?
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2 December 2024 | 21 replies
Lowering the primary mortgage payment is the ultimate goal, not acquiring new properties.
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30 November 2024 | 0 replies
By gaining insight into the investor’s goals—whether it’s flipping properties, acquiring rental units, or developing new constructions—the broker can tailor their approach and identify the most suitable lending options.Once the broker comprehends the investor's needs, they leverage their extensive network of private lenders.
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30 November 2024 | 2 replies
I am looking to either buy land or a tax acquired property to fix and flip for my first deal.
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27 November 2024 | 0 replies
Did you know that you can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional.
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30 November 2024 | 1 reply
Approximately 30% of this area is made up of vacant lots, creating a prime opportunity for real estate development.Griffin Modern is taking full advantage of this landscape, acquiring lots for under $10k and developing homes targeted at young, first-time buyers as well as investors.
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28 November 2024 | 8 replies
Really itching for it knowing how much faster and easer it is to acquire properties.
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1 December 2024 | 9 replies
Regrettably, after eight protracted months, my case was converted to Chapter 7 due to insufficient equity.Ironically, the trustee swiftly secured a buyer for all the properties that were to be sold to STOA/FlipOS—this buyer being Farraway SG, the same entity that acquired the loans held by STOA USA during a time when they were laying off employees and leaving us in a difficult position.STOA never officially filed bankruptcy.
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27 November 2024 | 8 replies
Hello Kelly, House hacking is alive and well and yes depending on what market you are in it will be challenging to acquire something that will allow you to live rent free.
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26 November 2024 | 2 replies
Forget about quick flips and focus on acquiring and holding properties like a wise owl.