26 December 2018 | 15 replies
A 1099-C reports Cancellation of Debt Income (CODI).
20 December 2018 | 5 replies
Crowdfunding involves syndicated deals and those deals may be Equity or Debt (Lending).
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22 December 2018 | 10 replies
I'm thinking with the economy as uncertain as it now seems to be, maybe this is the time to hold tight and maybe reduce some debt anyway.Or the other option is to stay conforming, go right up to the $484k limit, pay the 1/4 point for cash out, and at least get $34k back out.
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19 December 2018 | 2 replies
I am working on coming up with some sort of side hustle or some means to make more money, pay down debt, and start setting aside money for investing.My thought for the career change is hopefully a pay increase, but also a way to gain first hand knowledge while earning income and building my portfolio.My questions are this:1) Would making a career change to RE be advisable?
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21 December 2018 | 20 replies
There are plenty of people who do well in flipping, but there are a few reasons why this might not be the best option for you at the moment:- You can lose your shirt if you don't know what you're doing- You'll need enough capital to both buy the house and also fix it up- The market is starting to soften, so flips may not be as easy to sell as they would be in a very strong marketIf your goal is to start off with one property in 2019, one great option for you might be to combine the concepts of flipping and house-hacking.
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19 December 2018 | 1 reply
Wanted to keep down college debt and start RE investing.
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2 January 2019 | 18 replies
Corp. established that a South Carolina court has the right to force the seller to foreclose, sell the property at a judicial sale and return proceeds in excess of the buyer's outstanding debt to the buyer, thereby preserving buyer equity.
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24 December 2018 | 8 replies
The 8 unit cashflows $1100 after debt service and duplex cashflows about $250 after debt service.* i have 3 small kids* recently injured my knee and on crutches and property is a 25 min drive away.Things are getting overwhelming and im ready to sell.
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3 January 2019 | 20 replies
Lenders are typically more conservative here than in 90% of SE markets because of the combination of a low-income tenant base with minimal, quality jobs and the high military concentration in the sub-market.
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27 December 2018 | 3 replies
Trying to avoid too many inquiries or negatively affect my credit and debt to income ratio.