Mike Adams
Owner-Built Home Sold As New Construction?
Hey, all. Question for you experts...
Can a tradesperson build their own home in Minnesota, live in it for several months, and then sell as new construction? We are looking at a property that was being built by someo...
Amy Konopka
A HELOC to refinance another HELOC ??
I got a HELOC on my primary residence for 350k in 2021. The home had over 1.5 million in equity at the time but that was all they would offer. I used it to purchase an off market deal and am about to refinance to pa...
Adolph Bellamy
Do LLC's only get approved for mortgages 4+ units by banks?
So I was recently notified by my partner that he found out LLC's usually don't usually get approved for mortgages on any properties that are under 4 units by banks. I was just wondering, is there any truth to that? ...
Jerry Daily
Buying another property to offset taxes
I currently own a rental property that profits at least 15K after all deductions. I also own a rental property in cash under an LLC that profits very little on paper. I also have a primary residence with nearly a JUMB...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
Oscar Prom
"Quirks of the House" Document for Tenants
Has anyone ever given their tenants a "quirks of the house" document upon moving in? I've lived in my current residence for 10 months and plan on purchasing a new primary residence (multifamily?) and renting the rowho...
Chantal Duame
RE Investor/RE Agent Expanding to Flips/Multi-Family
My name is Peter Hu and I'm currently a Real Estate Investor / Real Estate Agent in Denver, CO. I'm excited to be reaching out to you all and telling you a little about the vision I have for my business.Ever since I'v...
Shane Johnson
First investment was an accident!
Investment Info:
Single-family residence note investment investment.
Purchase price: $105,000
Cash invested: $1,000
1st ever home purchase (condo) and I have owner occupied financing that I obtained ...
Rebecca Cramer
Master Innovative Minds, I need advice on how to go for deal #2!
I figured this would be the place to ask a question about finding the best strategy for our next deal which would be deal #2! For the first deal we had 20% to put down and did a conventional 15yr second home mortgage ...
Steve Winters
Passive/residual Income Ideas
Hello everyone,I am new to the forum here and would like to hear some suggestions on the best vehicles for residual income. I have been a house flipper however, the having to reinvent myself and start over with each d...