Matthew Mckibben
Background checks in Minnesota
21 January 2020 | 4 replies
@Matthew Mckibben the ordinance you are referring to applies only in Minneapolis at this time.
Dakota Mivshek
Austin Unrelated Persons Regulations
23 January 2020 | 2 replies
(C)The regulations in Subsection (D) apply in the area defined in Subchapter F: Residential Design and Compatibility Standards Section 1.2.1.
Davidson Francois
Would you walk away?
22 January 2020 | 9 replies
Sellers is working with me on applying credits.
Gus Muller
1st potential BRRRR...advice and recommendations needed!
29 January 2020 | 18 replies
I can bank all of the rent and apply it to paying off my private money lender in May when refinancing.
Waldo Kohl
I am a new landlord, so now what?
7 February 2020 | 13 replies
David Greene's book applies mainly to single-family but there are definitely strategies that apply to you too.
Marcus Johnson
Murder inclusion in Minneapolis
21 January 2020 | 31 replies
They're pretty much forcing you to accept whoever applies.
Aaron Frances
Cash out refinance to pay off credit cards
22 November 2020 | 10 replies
@Aaron Frances You can apply anywhere for HELOC.
Tamika Malcolm
How to use 401k for investment properties
21 January 2020 | 7 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.
Jackie Escamilla
Foreclosure: buy or a waste of time? Funding your thoughts..
18 January 2020 | 6 replies
A few of my thoughts were, apply for a mortgage, apply for a second mortgage, or a apply for a personal loan.
Peter Chan
How do you know the future property taxes on new purchase in JC
17 January 2020 | 4 replies
I may be wrong but my understanding is that If the property has been recently renovated By the owner who owned the property before 2017 and you buy it now, the tax rate will be applied to the new valuation of the home.