Tony Simmons
Win, Lose, or Draw in Dallas
27 August 2007 | 7 replies
You indicated a 5-7 year hold time, if you amortize that cash over that time or use it as a down payment to lower the monthly mortgage and eliminate the PMI this should be a positive cash flow deal. 8)
Dean Rinehart
Here's what I have, here's what I want...now what?
30 August 2007 | 5 replies
No debt beyond the mortgage, now at about $320k with 28 years left.
Jeff Fairchild
What's the structure/setup for an Reo?
6 September 2007 | 4 replies
Once you identify in advance what market you are in, this will allow you to eliminate some of the other scenerios afforded to the real estate investor and plan accordingly.
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Question about Taxes and DSCR
1 September 2007 | 2 replies
It really is all about debt coverage vs. the income.
Frederic Petit
Interests only investments
3 September 2007 | 3 replies
Paying off the debt is not required until the property is sold or refinanced.2.
Account Closed
Forgiving the taxes due from debt reduction (short sales)
1 September 2007 | 1 reply
that people who receive debt reduction in some cases will not owe tax on the debt forgiven.Note that the IRS already allows this.
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Using Home Equity Loans to by multi-Families????????????????
4 September 2007 | 7 replies
You are debt free other than your house, I'd work on building a nest egg to acquire the other property.
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Is it true, whoever you wholesale deal to must pay cash?
11 September 2007 | 9 replies
My fiance is pregnant, I have 30k in debt, and just last week I lost my job.
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Getting around the AGI limit for passive-loss deductions
5 October 2007 | 7 replies
Maybe if you do all the property management yourself, do all the maintenance yourself to eliminate labor costs, and you get very lucky with your tenant, you can earn some of those expenses for yourself.
Ryan Urban
Hard Money Heartburn
9 September 2007 | 2 replies
They don't have the same requirements for credit scores and debt to income as conventional lenders.