Emma C.
First Time Househack in San Diego with $45K Cash - Possible?
25 August 2021 | 6 replies
Rates are so low currently that I think it is smarter to lock in a great rate now because who knows what they will be when it comes time to refi with FHA.Another thing to consider is are you comfortable spending most or all of your savings on a purchase?
Allan A Ramirez
Calculating Expenses For Rental Properties
14 September 2021 | 4 replies
You could choose to pay none or all of them if you really wanted to, but could be at a disadvantage based on other landlords' preferences.
Rudy Hayden
Signed lease before closing.....?
30 August 2021 | 7 replies
You may run into an oral lease situation with a difficult tenant but that's not always the case so I'd say worry about that bridge if / when you cross it.
Rubin Thomas
possible to do a 1031 exchange from a joint venture?
7 September 2021 | 8 replies
Neither solution is particularly desirable, as both have undesirable income tax consequences.The sale of partnership interests are specifically excluded from tax-deferred exchange treatment under the rationale that a partnership interest is a personal property interest and not a real property interest, so more complicated structural solutions are required when partners desire to go their separate ways and some or all of the partners wish to structure and complete a 1031 Exchange."...
Aaron Dranoff
Starting fresh at 23 with no background
1 September 2021 | 1 reply
I think you could knock some or all of it out while reading, researching, and connecting with people in your market.
John Buffet
33 Year Old First Time Home Buyer Needs HELP!
31 August 2021 | 19 replies
@John Buffet, you'd need to ask a mortgage professional, but depending on your price point, I believe the FHA allows gifting for some or all of the down payment.
Chris John
Help understanding the 1031 process
10 September 2021 | 8 replies
The taxpayer or a disqualified person may guarantee some or all of the obligations of the EAT, including secured or unsecured debt incurred to acquire the property, or may indemnify the EAT against costs and expenses (for example, the taxpayer could guarantee to fund any negative cash flow generated by the property).c.
Charles Elliott
Sell or Cashout Refinance?
23 September 2021 | 22 replies
Refinance out of VA Loan and vet/ use a property manager.I moved 4 times when I was active duty and I wish I had bought a house at any or all of them in hindsight….
Abigail Hansen
What are the additional costs of purchasing a property?
24 September 2021 | 2 replies
Some properties you might pay certain utilities and the tenants pay some or all utilities.
Dallin Watson
How to decide when to start cutting back W2 hours?
16 October 2021 | 2 replies
With the phantom cash flow coming in and covering part of the mortgage now, should I cut back part or all the hours that equals the phantom cash flow, and spend that time working on the real estate business or keep saving all that I can for the next property and work on the real estate business when I can?