Jeremy Ellis
2610 Alamocitos - Success Story
26 June 2024 | 0 replies
Purchase price: $168,000 Cash invested: $40,000 Sale price: $299,000 What started out as a family friend needing out of their home due to financial hardship turned into an incredible project for us.
Dan Powers
Mt. Airy Flip w/ Detached Garage
26 June 2024 | 1 reply
Purchase price: $127,250 Cash invested: $110,000 Sale price: $390,000 This was a fantastic flip opportunity my investor picked up in the coveted neighborhood of Mt.
Julie Muse
Rick Road Flip: Major Profits in Reading with MH Property Solutions!
26 June 2024 | 0 replies
Purchase price: $525,500 Cash invested: $40,000 Sale price: $658,000 Contributors: Peter Vekselman Partner Driven, in collaboration with MH Property Solutions, successfully completed a fix-and-flip on Rick Rd, Reading, PA 19607.
Renzo Figueroa
Panama City vs Daytona Beach vs Tampa vs Cape Coral
25 June 2024 | 20 replies
I am looking to buy a turnkey property (SFH 3-bedroom) in Florida for cash flow.
Zehua Zhou
How is UBIT tax calculated when the IRA real estate takes on a loan
24 June 2024 | 2 replies
Once you get to around $14k you're going to scale up to $37% but you can deduct half the expenses and depreciation which will reduce your taxable amount of income..again without knowing the income this is not possible to calculate.
Phillip Dixon
Advice on Trust/LLC Banking, etc!
26 June 2024 | 3 replies
He would like to see a 7% return on his investment, interest paid monthly, and his money back when we eventually sell or cash out refi (~10 years out).Our current intentions are to live in the new building, rent out our primary, and short term rent the 3 units adjacent to our unit in the new building.
Johnery Laurimore
Rent Stabilized Apartment Building in NYC
24 June 2024 | 4 replies
Even if delivered vacant it can take a considerable amount of time to legally de-regulate a stabilized building and it mostly requires you to have the units vacant for a period time (no cashflow).
AJ Wong
FHFA Announces Freddie Mac Pilot to Purchase Second Mortgages of up to $78,277
24 June 2024 | 0 replies
The Programs includes or covers:- Up to $2.5B in second loan purchases- A maximum programs duration of 18 months- A maximum loan amount of $78,277- A minimum seasoning requirement on the first mortgage of 24 months- Only for Primary ResidencesThe effect of a guaranteed government backed second mortgage for homeowners would be significant and likely put eligible second mortgage terms in line with below market FHA and guaranteed first position mortgage rates.
Thomas Land
FHA Loan On BUILDING A Fourplex
25 June 2024 | 5 replies
I'm not knowledgeable on any of this but typically you have to buy the lot cash(I think).
Matt Wood
LA Garage Conversion - ADU/guest house/extra room and AirBnB?
25 June 2024 | 6 replies
A fair amount of houses in my neighborhood converted their garages years ago for extra space, before the easing of ADU restrictions and the advent of AirBnB.