Leosnide Triana
when borrowing money for investment purposes?
Hello,i been stuck researching on this topic, i have lenders (family & close friends). but the lenders are denying me giving interest for the borrowed funds. im just lost on how to go about it:
Raam W.
Disclosing the purpose of the HELOC
I am trying to obtain a $100k HELOC on a $200k out-of-state investment property that I own free and clear to use as a down payment for a new home that I will live in. WF recently rejected my application. Some of th...
Nicholas Kangos
Comp out a multi purpose/zoning
How does one comp a multi-use property, small store in first floor, 1-3 units for living in back and upstairs. No recently sold similar like properties in the town, would you determine value thru the income being brou...
Tim Czarkowski
Bought HOA Lein (Not on purpose)
I have been buying at foreclosure auctions recently and doing pretty well. Unfortunately last week I purchased what I believed to be a first but it ended up the mortgage company was re-foreclosing the HOA lien because...
Victor Genel
Not totally new, just Renewed purpose
Hello all,You know all the mistakes that REIs make? For the first 2 years of my journey, I've made them all and fortunately, I've learned from them as well. I've worked with all sorts of "gurus" in the STR, Creative...
Kristin Solbach
Re-purposing LLC for a partnership
Dear all, I have the opportunity to invest in a property (a retreat hotel not far from me) as a limited partner. I am supposed to enter the agreement with an LLC and I am wondering if I would be able to re-purpose an ...
Joe Eckardt
Selling Loser Stocks/ETFs....For Tax Purposes
Anybody see a downside in selling individual stocks/ETFs in my portfolio that are showing a loss to lock in those losses for tax purposes next year and then redeploy the cash to low priced index funds?
Charlie Massey
First BRRR that I bought on purpose
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $117,000
Cash invested: $22,000
cash purchase, renovate, rent, and refinanced this. We got about 90% of our money b...
Jimmy Wilson
Real Estate Professional for tax purposes question
I have a question that I am hopeful someone here will know. For tax purposes, the real estate professional designation is something that is very helpful if you are an investor. Would a home inspector be able to clai...
Patrice Boenzi
First Flip "On PURPOSE" on the market
My husband and I have always bought homes, improved them and then sold them. However, about 6 years ago we decided to get ready for "our baby" to head off to college and started planning. We have always wanted to own ...