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Results (10,000+)
Rich Chen Buying real estate property doesn't make financial sense
1 March 2024 | 8 replies
Also don't forgot there is tax on capital gain for over $500,000 when house is sold, andclosing costs typical goes around 5%-6%.So unless home appreciates A LOT, it doesn't seem to make sense to own a property as long as you are paying mortgage with interest, unless one can pay it all back in much shorter term (10 years or less).
Ricky McCoy Refinance portion of BRRRR
1 March 2024 | 10 replies
Are DSCR loans typically based on LTV of ARV or purchase price?
Bonnie Low Has anyone used Seabury Investments LLC for funding?
3 March 2024 | 53 replies
Typically the ladder...
Bill Bouillon Tax Deductions for Non-Professional
1 March 2024 | 7 replies
And hopefully with the proper depreciation, you'll pay no income taxes on the money you do receive from the rent.
Andrea Lauritzen Branching into out of state investing
1 March 2024 | 39 replies
Volkswagen Scout Brand investing $11M in Detroit, 200 new jobshttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/Hotel Added to Hudson Site, total over $1.4Bhttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/Detroit west side Dexter Neighborhood Receives $21.5Mhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/Norway’s Nel Hydron investing $400M, 517 new jobshttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.Chase invests $200M in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investmentGilbert Foundation invests $439M in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-instituteBollinger Motors investing $44M, 237 new jobshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/32735392BorgWarner Investing $20.6M, 186 new jobshttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs3 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/District Detroit $1.5B Development, 12,000 temp jobs, 6,000 new jobshttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached
Patrick Flanagan 1031 exchange question
1 March 2024 | 7 replies
You have to use sales price minus sales expenses to figure out what amount you need to buy.You can potentially factor in your suspended passive losses to determine how much 'boot' you can receive.
Tom Server CO-OP selling a property with HIGHEST AND BEST..
1 March 2024 | 3 replies
Only time this doesn't apply is typically if its a court appointed sale and the judge is deciding that what nets the most cash is what's best for all involved, or a similar scenario. 
Zeke Nickie Cash out refinance
1 March 2024 | 3 replies
For cash out refinance DSCR, you can typically get up to 75% LTV (I have seen one option for 80% LTV depending on what you qualify for and the property location).
Ariel Gonzalez MF Investor Meetup
1 March 2024 | 9 replies
Typically posts are made on the events & meetups page for all of them
Mike Boss Advice on who to use to start an LLC
1 March 2024 | 8 replies
I was wondering how much it typically costs?