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17 April 2024 | 3 replies
Someone will lend at a 33% LTV.All of this said, it sounds like the Trustee would actually like to say invested somehow.Option 2, put the house in a trust or LLC and let the rent be divided amongst the grandchildren:-All grandchildren remain owners of the property and the monthly income of $1,500(minus expenses) is split amongst the 6 grandchildren.I will warn that option 2 is more likely to result in long-term drama and likely some anamosity among the family members.
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16 April 2024 | 20 replies
I am self employed though so not consistent income.
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16 April 2024 | 3 replies
However, I would definitely want to see the loan handled by a "local" lender - not one of those online VA loan companies.
18 April 2024 | 83 replies
Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.
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16 April 2024 | 5 replies
State income taxes are usually based on the gain or loss from each state, so you pay taxes on your gain in Illinois.
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16 April 2024 | 3 replies
Hi guys,I love to see all of the success stories but I have noticed I just don't have the income to keep investing past 1 property.
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15 April 2024 | 19 replies
The CPA actually does not do our income tax.
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15 April 2024 | 1 reply
With the landscape constantly changing, it's vital to adapt and find innovative ways to not only reach buyers and sellers but also close deals efficiently and effectively.Here are some strategies I'm looking to discuss:Digital Marketing: Have you transitioned to an online-first marketing approach?
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17 April 2024 | 15 replies
Is it going to be a sign gig while investing or your main source of income?
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15 April 2024 | 2 replies
I've found a few online though I'm looking for one that has-property description, condition, purchase price, closing date, default clauses, insurance contingency, risk and loss damage, adjustmentsDo I need all of this and if so where should I get it?