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15 October 2024 | 14 replies
Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.
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23 October 2024 | 4 replies
You can use conventional financing, up to a fourplex, and if you live in one unit you may reduce some of the property tax for the space you live in as it is your primary residence and you can also buy with very little down as opposed to buying it strictly as an investment property.Duplexes are a great option and you generally also always have at least one paying tenant and can be bought similarly.
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23 October 2024 | 10 replies
We've reached the point where there are now more gurus selling their get-rich-quick crap than there are properties for sale in America.
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22 October 2024 | 7 replies
Also, your loan will likely be more advantageous as a residential investment property right now.
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23 October 2024 | 7 replies
If the property is not on a main commercial corridor within the market it can be one of the best hardship cases to seek a use change variance.
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22 October 2024 | 11 replies
You need to be able to run at a moment’s notice—whether that’s checking out a property, meeting with a seller, or showing a deal to a buyer.
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22 October 2024 | 2 replies
For a turnkey property what is a reasonable cash on cash return expectation for a property located in an "A" neighborhood?
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23 October 2024 | 6 replies
Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.
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13 October 2024 | 5 replies
I have properties—vacant lots—that I will be wanting to sell in the future that I bought at tax sales and come with quitclaim deeds.
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22 October 2024 | 0 replies
Without any major renovations, we strategically sold the property the same day for $20,000.