I'm in the middle of a 1031 exchange with three multi-family properties identified and at the end of my 45 day window. I originally had two student housing projects in escrow and on day 43 of 45, the lenders backed ou...
Hi allMy dad has a 1br/1ba lower unit condo/apartment up in Alameda and is looking to sell it because:"don't want to deal with increasing HOA Mgmt Fees, additional liability Insurance, Prop taxes NONE of which will be...
I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...
Hello everyone. This is my first Official post. I will try to be as descriptive as possible.I own a SFH in Virginia Beach that I purchased 7 years ago with an ARM. I'm currently paying 2.375% interest and it's set to ...
I bought my first house in PA in 2008 for 75k and just refinanced it in October using a VA loan now it's rented for 523 a month and my mortgage is 437 I owe 65k on this property
In May I bought a 4 unit compl...
Although I've made massive equity gains from my real estate portfolio of single family homes, in just a short period of time, it seems to me that too much of the proceeds go to transaction costs when selling. I have n...
Hi guys, Assuming most points and highest rates: (Hard money lender offers 2-4 origination and 11-14% interest annualized. I'm assuming 4 points and 14 % rate)Purchase price = 210k This particular lender requires I pa...
Needing help on how to handle a QuitClaim Deed given by the IRS. Backstory: My parents won an IRS auction and purchased a lovely lakefront property to be their forever home (not as an investment or flip) in East TX. ...
Does anyone have any advise on purchasing 5 unit rental via purchasing existing LLC and subject to existing loan (obviously the lender could call the loan if discovered) - saves transfer/recording fees for seller/buye...
I have a house valued at 159,900, paid off. Should I rent it out and cash out refi, or sell? I have another property under contract for 65k, (I plan to live here and pay cash). Is it best to sell and get 160k to buy m...