I will be recasting my old mortgage to the new property.

I’m pursuing my first investment property and I’m a bit unsettled after recent events with my Realtor and their team. 

@Michael Plaks Could I start a project as an investment property, take the depreciation in 2024 taxes, then recapture in 2025 taxes but plan to invest in RE that year to offset the recapture?

What about 80% on an investment property? 

If you were to eventually move out of the property and rent it, your tenant now pays off your debt.

Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.

I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated.

Otherwise, our properties are now 100% market rate.Why? 

Hey everybody,I've held an investment property (4-plex) for years and have built up some equity. 

I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?