Tax season! We bought a property in 2022, remodeled and sold it in 2023, over a year after the purchase. We did most of the rehab work ourselves. Will the profit be counted as self- employment income or long-term inve...
Short question. I am looking to lock in low rate, permanent fixed rate loans for my properties. Each is in the name of my LLC. Is it possible and who might be some reputable lenders?
I'm compiling a list for my Investor Training Series of the TOP INVESTOR MISTAKES. I'd like to compile a large list. Be as creative as possible. The most creative answer wins!
For all of you experienced in building spec houses, what kind of pricing are you looking for for just the land itself (not construction or development costs)? Is it a price per sqft/acre or a percentage of the overall...
I am hoping to get some advice. I am a novice to real estate. I don’t own any properties and currently renting. I’d like to purchase a mixed unit property as my first investment, possibly live in a unit after purchasi...
I have found a HUD house that needs to have new plumbing and electrical run through it along with dry wall throughout and the kitchen being redone. I can get a great deal on it, but I'm not entirely sure how much to e...
I am wondering if i get a portfolio lender or find a private lender company will they give me more than one loan at a time or within a year. My goal is to have 2 properties this yr and i want them to be fixer uppers s...
How do we sell our house while buying an REO? If our bid is accepted can we back out before the closing date if our house hasn't sold and only loose the $5,000?
I think we're in good shape since it's a starter home ...
Scenario:
House 'A' was entirely paid off. No outstanding loan. Primary residence (in Nevada).
Borrowed $ against house 'A' using a Signature Line of Credit HELOC (20yr. ARM) to purchase a single family residential...
Wanted some advice getting financing larger residential property purchases for buy and hold; 2-4 million valued properties. Likely that I would have to put put down some good amount, exploring options to get secondary...