I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...
I have an investment property that currently does not have any mortgage. I would like to open a line of credit on this property but the first 1/2 dozen places I have called, have done mortgages with these banks in th...
I recently inherited a big chunk of change. I'd rather not disclose the full amount but I do pretty well in my day job (software sales), and it's about 8x the most I've made in a year. For now a sizable portion of it ...
I am speaking primarily from a cash on cash return standpoint.San Antonio, TXDallas - Fort Worth, TXHouston, TXLooking for your personal favorites and pros/cons of each market. I am looking at SFHs and 2-4 units.
I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year. The idea would be to then move into a new primary residence, and rent out o...
HI ,My realtor insists me on buying a home warranty program for my newly invested single family house.Is it make sense financially?Which one is a smarter way in terms of maintaining the rental property solve the probl...
I have been looking at spec building since the early summer and cannot seem to find the same level or amount of risk associated as with fix and flips. It seems that because nearly all of the costs are known well in a...
Hello beautiful people of BP, Today is one of those days that made me feel dumb. But the good news, I finally "get" something instead of just knowing about it. For a long while, I felt that way about Return On Equity ...
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...