Andreas Mueller
Government has taken a permanent intellectual vacation. More Inflation is Coming.
12 June 2024 | 4 replies
Back in March, the Administration announced a:$10,000 cash tax credit for many homebuyers, and a$10,000 cash tax credit for some homesellers.Highly inflationary.
Elijah Skinner
Best state for house hacking if you could move anywhere?
11 June 2024 | 30 replies
I know the consensus is "The best market is the one you're already in" but I'm just curious.If you could start over anywhere with a decent chunk of money and a solid house hacking strategy, where would you choose?
Ethan Thomas
Young Wholesaler in Need of Advice
14 June 2024 | 3 replies
My goal is to get this ship off the ground and save almost all the money I make from wholesaling to invest in cash flowing rental properties, so once I do make these deals and become successful and circumstances were ever to change for whatever reason, My income isn't only fixed on my ability to "Get a deal" to go through.Anyone willing to toss me a bone on this will be valued more than you'd understand.
Geoff Stuhr
Converting retirement accounts (401k/IRA) into real estate assets
11 June 2024 | 0 replies
Wall Street often doesn't highlight these options because they make money from the fees on traditional investments, but with a Self-Directed IRA or Self-Directed 401(k), people can take control of your retirement savings and invest directly into real assets if they wish.Here’s how it works:1.
Ellie Narie
1031: Can you use equity in replacement property to replace cash?
13 June 2024 | 2 replies
Then use that money to complete the purchase of your replacement property in the 1031.2.
Artiom Bic
23 Year old live in Manhattan Seeking Investment Advice and Connections
12 June 2024 | 20 replies
I work at a hedge fund, which allows me to save a good bit of money.
Julie Bourdon
New to real estate - Not sure where to start
14 June 2024 | 18 replies
@Julie Bourdon*Agents have entered the chat* hahaPeople are making money in virtually every market.
Aaron Sweat
Hard Money and Collateral
9 June 2024 | 5 replies
Is it feasible to obtain a loan or a good old boy agreement where a lender offers 100% financing for both the purchase price and construction costs at hard money rates, secured by a second position on the borrower's other properties?
Alan Hale
"Real Estate by the Numbers" Math question
14 June 2024 | 3 replies
@Alan HaleCan’t answer number 2 but financing has nothing to do with your profit I’m it doesn’t matter what you buy whether a car, home or pack of toothpicks, your profit is what you paid for it minus your costs/expensesWhere financing does come into play is it is a cost as money is not free - but it’s only what you have paid for that financing.Hope that makes sense
Clayton Jeanette
HELOC on Owner Occupied Triplex
11 June 2024 | 16 replies
With respect to the equity, If you have 25% equity in the property you may be able to pull out some money depending on what the lenders LTV guidelines are.