Sooyeon Kwon
Gov’t Incentives for first time home buyer?
Hello, a friend of mine just mentioned something about the government trying to give 25K for a first time home buyer. Is that true? Or are they trying to get that past? If so how soon do you think it will be implement...
Adrian G.
Can the bank come after YOU??
After the tax deed app is filed with the county and you take the property, I know the mortgage is wiped. My question is can the bank come after the new owner at all or just the old owner for the loss.
I have done ta...
Gary Dezoysa
Do LLCs pass through tax benefits
Hi guys,The two major RE tax benefits I know of are depreciation and mortgage interest deductions.I plan to hold my properties in an LLC. I think the tax benefits should pass right through to me, is that correct? Sing...
Daniel P Buteau
FHA 203k loan 1031 to another FHA 203k loan
I currently own a three family and live in one of the 3 units for the past three years that I bought with a FHA/203k Loan. I have a good amount of equity but not enough to do a cash out/refi or take a Heloc, can I do ...
Devin Mann
commercial lending easier then residential?
i am looking to buy my first multi unit property. i dont qualify for lending from a bank for residential purposes because i need 2 years of tax returns. do i have a better shot with commercial?
Thomas Larsen
Claiming exempt on W4 job to save
I'm trying to save up enough money to pay cash on my first brrrr property. I have been saving about a $1500 a week at my job but I'm also paying about $1300 in taxes each week. My thought is if I claim exempt on my ta...
Rich Weese
Another growing social program
http://www.deseretnews.com/article/700030960/For-more-children-dinner-is-coming-from-Uncle-Sam.html?s_cid=Email-1
There are some items in this article that I have VERY strong feelings about. Before posting them, I'd ...
Randy E.
North Carolina - Property Taxes
I've read in these forums that in some states, investors are allowed to pay delinquent property taxes owed for a property, and eventually assume ownership of that property if the current owners don't pay their bill. ...
Sam Clemons
Do these closing costs seem high?
The total loan is 135k for a 180k property. The loan originating fee of 3.4k seems high. My closing costs are almost 9%. Does this seem normal?
A. Origination Charges$3,412.5001 % of Loan Amount (Points...
Jim Doine
Obama's $8,000 rebate
Does anyone know how this works? as I understand, it sounds like the government will give up to an 8,000 rebate to first time home buyers.
What determines the amount the buyer qualifies for?
When is the money avail...