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5 April 2024 | 2 replies
.- Small notes section to elaborate on property calculations, such as noting the calculation was based on a loan assumption or short term real estate strategy - Ability to edit name of calculation to something other than the address.
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5 April 2024 | 8 replies
Thus since in both cases you as a short-term landlord are merely providing basic services to your short-term guests (and receiving passive income in return), I would think this meets the requirements for Schedule E and I would think that you can report the income on Schedule E even if you don't own the property, thus avoiding the 15.3% self-employment tax?
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6 April 2024 | 7 replies
Some states like my home state of South Carolina re-assess upon sale.The seller property taxes may not be your property taxes.Insurance costs have increased.
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5 April 2024 | 5 replies
Even when the buyer, wholesaler, and transaction coordinator are all pulling the same direction, it does not mean the seller or seller's bank will cooperate in a timely manner even when it is in their best interest.
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3 April 2024 | 4 replies
Hey Team,I am looking at home for primary use that I believe I have a seller financing opportunity on.
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3 April 2024 | 4 replies
I have a 12 unit building that I'm in talks with seller on.
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5 April 2024 | 10 replies
But short term an auto loan will only take away from your income/ability to afford a mortgage.Most lenders will allow for a credit score as low as 580 for FHA and 640 for conventional loans.
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5 April 2024 | 9 replies
However, I also look at each potential deal to determine the best investment option for me and the greatest outcome for the seller.
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2 April 2024 | 2 replies
Hello everyone, Looking to team up with realtos/flippers/whole sellers in Central/Northern NJ area working on foreclosure/short sell properties.
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5 April 2024 | 3 replies
With that said, if you can negotiate with the seller because of them being distressed, it is possible you can buy them before they go to auction.Anytime you have to do a lot of work to get something purchased, you will be able to save quite a bit due to that work.