Joe Cassandra
Watch the New York Times trash real estate investing
15 July 2019 | 12 replies
Just because a news agency ran an article pointing out a trend and its impact on people (including people that identify as investors) - I wouldn't assume this is a 'swipe' or even negative.It's when we stick our heads in the dirt where the real risk exists.There's no recommendation of policy here - by the way.
Hen Ley
Taxes for flipping in LLC vs. personal name?
15 July 2019 | 6 replies
SMLLC has no impact on taxes.
James Letchford
4bd/2.5ba Townhome with little equity, but great rental potential
21 July 2019 | 27 replies
Are there any HOAs that impact your cash flow?
Steve Vaughan
I hit a personal goal today. Anyone else working on a cool goal?
20 July 2019 | 54 replies
I've been mentoring and advising people on real estate topics for quite a few years now, and I often find myself repeating lots of the same stuff over and over and over and over... so it finally hit me that I should actually record it and document it so that there would be literally no limit to the number of people I can impact =)
Brandon Metz
Cleveland House hacking with VA benefits
26 July 2019 | 16 replies
Also yes when certain thresholds are not as high others get impacted - however its probably just an added “risk cost” not a matter of approval.
Logan Splinter
Mortgage Broker for BRRRR
15 July 2019 | 5 replies
Fannie will actually back loans that are C5 or C6 (after C6 is teardown, C1 is new construction): "Properties with a Condition Rating of C6 are eligible for sale to Fannie Mae provided any deficiencies that impact the safety, soundness, or structural integrity of the property are repaired"As a consumer you would never know who those bottom feeder lenders are that would lend on a C5/6, since they have completely trash rates (better than non-qm and HML) and are slow (what would that commercial look like?
Matthew W.
Strategies on pulling equity out of current homes
15 July 2019 | 1 reply
I began a HELOC loan process to use funds to help pay for a new rental, but lost the property I was intending to buy with it, but it raises a question for me: If I continue to get the HELOC and it resides there ($150K unused), I assume this will greatly impact my ability to get more traditional financing in the future should I go that route.
Jared Mcgrew
Capital Gains Tax on Home Brother has Occupied?
15 July 2019 | 4 replies
He is now getting ready to sell and purchase a new residence, but I am wondering how I will be impacted if we split the profits of the sale 50/50.
Nicole Wood
FHA streamline program?
19 November 2020 | 4 replies
If this is a long term hold, a low interest rate is great. also concider the impact of the FHA PMI.
Blake Bailey
Thoughts on Section 8?
26 July 2019 | 31 replies
Hmm...Politics is forbidden on this site (I don't agree with that policy as politics impact real estate) so, I guess my social comments will need to pretty much end there.As far as a business decision, one of the most important tenant screening criteria is the willingness to take responsibility for one's own decisions.