Paul DeLeon
Second home purchase
29 July 2024 | 2 replies
They can also advise on the proper way to report this on your tax returns.Hope this helps,Ty
Joe Carp
How to land funding.
28 July 2024 | 3 replies
@Joe Carpyou can buy rentals with a DSCR loan, and they will not require W2 income like a conventional bankhowever, down payments will be 15-30%, so will use up your cash fasthow to scale as we sink money into each property is definitely a major challengei have done a couple successful BRRRRs that helped preserve capitalhope this helps
Aaron Rushton
Heloc vs line of credit? is there Better Options?
24 July 2024 | 4 replies
Were looking at using a Heloc as a down payment but its a variable 10.25% APR for 5 years or 9.87% for 10 years and we have to pull 100K on first draw. of course we can put back what we don't use.
Justin Eckert
15-Year Real Estate Investor: From House Flipping to Apartment Complex Success
29 July 2024 | 2 replies
Now, I'm proud to say that I own multiple apartment buildings, and I'm enjoying the financial freedom that comes with it.What I Bring to the Forum:Experience: Over 15 years in the real estate industry, with a focus on flipping houses and investing in apartment complexes.Knowledge: Expertise in value-add properties, seller financing, and leveraging equity for growth.Passion: A genuine desire to help others achieve financial security and freedom through real estate investing.What I’m Looking For:Connections: Building relationships with like-minded individuals who are passionate about real estate.Learning: Staying updated with the latest trends, strategies, and insights in real estate investing.Sharing: Offering advice, sharing my journey, and learning from the experiences of others.If you're ever interested in discussing strategies, sharing experiences, or need any advice, feel free to reach out.
Bryan S.
1031 Exchange - Curious who has been through it and their thoughts on this situation
29 July 2024 | 6 replies
And still have plenty of time to get your old property sold with all of the due diligence tick points you'll have with a MF.Wow this is super helpful Dave!
Jason Kucharski
Will this help with depreciation recapture?
24 July 2024 | 3 replies
So moving in isn't going to help you there.
Ken Livingston
Solar panels on a rental house?
29 July 2024 | 21 replies
I found some excellent options with the help of the world's #1 solar generator review site.
Cliff Durrett
Need advice on a short sale where the 2nd cancelled the request, charged off?
29 July 2024 | 6 replies
Thanks Tom, buying at the FC auction isnt an optionThe first is only slightly more than the 2nd and it will be bid way over that amount.Trying to help the lady get something via a SS
Julio Gonzalez
Are you using cost segregation as a planning tool in your real estate portfolio?
29 July 2024 | 0 replies
This can help allocate your resources to align with your long-term strategic plan.Better Budgeting and Management of Finances: Now that you have more cash flow upfront, your cash flow is more predictable.