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5 February 2024 | 10 replies
This is no different than the stock brokers that were selling "just buy tech" in the late 90's or the real estate "experts" that were telling people "the sophisticated people are buying on interest only, ballon payment, loans, then selling before the balloon is due" in the late 2000's.
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4 February 2024 | 21 replies
Focus on cash flow: Make sure the rental income from your properties covers all your expenses, including mortgage payments.
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2 February 2024 | 8 replies
I am thinking that they wouldn't have to pay cap gains tax on the "sale" because they'd be earning interest income on the loan payments.
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4 February 2024 | 9 replies
Would repairs support demand for rent at increased - considering you already have issues with rent payments on time?
3 February 2024 | 3 replies
Do I add this payment to the closing costs?
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3 February 2024 | 3 replies
House hacking is always a safe bet, which should give you plenty of possibilities and allows you to put a much lower down payment.
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1 February 2024 | 4 replies
Hello all, This is a newbie flipper who is about to sell my flipped house.I bought the property with a name of LLC and I have one question while selling it.I assume that I will receive payment for selling the house as a check and want to know what the better way to receive the payment is via between LLC bank acc or just personal bank account in general.And want to know what are some advantages tax-wise if I put the payment into my LLC bank account.
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3 February 2024 | 5 replies
Who is entering the payments on the tenant's ledger?
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3 February 2024 | 7 replies
In addition with a 2nd refinance later on, you stretch the payments out again.
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3 February 2024 | 18 replies
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty.