Let me know what you guys think I have about 70 K in liquid cash $250k in a heloc , so total is $320k I’m working with Option 1: Go 5% conventional on a two family home which would be about 90 K with down payment and closing costs , I am preapproved for 950 K .

Am I allowed to use personal funds to do rehab on it? 

I'm looking to do a gut rehab on a 2-3 unit property in the next 6-12 months and am in the process of selecting my team.

Not only did they lose $50k but now probably paying 24% on that $…

Purchase price: $80,000 Cash invested: $6,000 Sale price: $135,000 Contributors: Peter Vekselman Partner Driven and Seth Choate purchased a property on Pleasant Valley Rd, Hartsville, TN, for $80,000 on 05/09/2024.

I see no accounting for closing costs and no accounting for interest paid or interest foregone, depending on how it was financed. 

I don't want to give my opinion to you here based on my experience with clients but I would definitely ask your tax professional on their opinion because you might be surprised by their answer.

Hi there,I was wondering if anyone has experience with using Baselane for banking for their rental properties and thoughts on it.I will be closing on my first rental property in about a week and would like any helpful input on apps such as TenantCloud, rented, turbotenant, etc.Located in NE Ohio if that is a factor.

I am currently in the processes of getting my real estate license and don't have accesses to the MLS, despite this I still want to practice doing comps on housing in my area to better understand what makes a deal great.

I have a general contractor license so I also can repair and remodel properties before they go on the market.