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7 January 2025 | 5 replies
None of those types of loans allow LLCs, therefore, that lawyer is incorrect.
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12 January 2025 | 2 replies
Would cash-flow very little.Obviously, a combination of the above is possible (pre-sell all but a few units, nullifying the profits, and therefore taxation).My feeling is that the first option would allow me to use profits to build something bigger (e.g., acquire another plot).
10 January 2025 | 5 replies
If you qualify, you could close on the loan in days.Home 2 could be an option for a fix-and-flip as well, but you would have to have another residence because these types of loans do not allow owner occupancy.
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15 January 2025 | 5 replies
Selling multiple properties in a 1031 exchange to consolidate funds for one investment property is allowed, but the property must initially be used solely for investment.This post does not create a CPA-Client relationship.
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12 January 2025 | 54 replies
And, capitalism works to lower housing prices when this process is allowed to go into effect.
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16 January 2025 | 3 replies
FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.
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15 January 2025 | 9 replies
Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.
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16 January 2025 | 9 replies
Starting sooner rather than later allows you to benefit from long-term appreciation, build equity, and gain hands-on experience, even with a smaller property.
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9 January 2025 | 5 replies
The options are going to non QM lenders who allow this.
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9 January 2025 | 9 replies
The short version is that you must have a Private Placement Memorandum (PPM) to show your investors and you must decide upfront if you will only accept accredited investors or if you will allow investment from non-accredited investors.