Sonal Chopra
What would your Real Estate strategy be if you inherited $10MM?
4 June 2024 | 22 replies
I would purchase any and all investments inside that trust along with a form of Whole Life or IUL policy to be able to use the tax code of 7702 to create a tax free income and ability to leverage my real estate assets.The BDIT effectively freezes your estate, but gives you the access to funds.Good strategy for any asset that looks to eclipse the estate tax level.
Julianne Salamone
Canadian wanting to invest in US market
3 June 2024 | 8 replies
Some lenders may offer programs that allow you to use equity from your Canadian properties as collateral for a US mortgage.Seek Legal and Tax Advice: Since investing in US real estate as a Canadian investor can have legal and tax implications, it's essential to seek advice from legal and tax professionals who specialize in cross-border transactions.
Drew Slew
2024 selling 2 family Jersey city - 1031 or not? Occupied or vacant?
2 June 2024 | 18 replies
To avoid NJ taxes you’d have to do a 1031 to a new property in a tax free state.
Robert Dunbar
Cheap/Free/Best Rental Management Software
29 May 2024 | 5 replies
Preferably one that’s free or not too expensive.Thanks,Robert
Julie Muse
Profitable Pensacola Sale: Success with Fred Rogers on N 6th Ave
3 June 2024 | 0 replies
Partner Driven was interested in the N 6th Ave deal due to its low purchase price of $65,000, offering a low-risk investment.
Andrew Earle
Refinancing two 20+ single family rental home portfolios
2 June 2024 | 9 replies
Hi Andrew, we offer portfolio loans of this caliber as long as the min property value is 50K +.
Mayukh Guha
Athens GA first rental property
4 June 2024 | 3 replies
It is at least more justifiable for a free and clear property.
Paige Seeley
Recasting A Mortgage
3 June 2024 | 5 replies
@Paige Seeley - thanks ...the min down payment for a 1 unit rental property is 15% ...so putting 20% down isnt that much more ....recasting isnt always offered for rental properties so you would need to check with lender ....recasting normally has an admin fee of $300-$500
Greg Hodges
Private Lending with ConnectInvest
2 June 2024 | 10 replies
@Dianne ForwoodRead the contractRead the offering circularWhat do you think takes precedence - what they submitted to the SEC or what’s on a website?
Julie Muse
6th St E Triumph: Big Profits with Adbi Nur in St. Paul!
3 June 2024 | 0 replies
We were interested in the 6th St E deal in St Paul, MN, due to several factors: High Profit Potential: The property offered a significant profit margin, with a purchase price of $135,000 and a sale price of $265,000.