Dave Minor
Buying an auction house with cash, typical closing cost
trying to finalize some numbers on a property I am bidding on. Just a quick question on closing cost. We are going to pay cash for the property and wanted to know what the typical closing cost should be. Do we have...
Steve Salvatore
City of Pittsburgh Hearing on Rental Registration - Dec 1, 2014
I am posting an email that was sent out by ACRE of Pittsburgh on a proposed bill on rental property registration in the city of Pittsburgh. Representation of rental property owners is needed at the hearing to voice o...
Chad Bixby
What do you think of this deal?
We found a rehab in the local area in a good neighborhood surrounded by good schools. Here are the specifics.Sale of home = $80,000Cost of rehab = $30,000Real Estate Fees =$6750 (max)Bank Closingg Fees (I need help h...
Chloe Mayer
What Details to Compare on Lender Loan Estimates?
The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...
Julia Green
Portfolio lender in NYC
Hi all,
Hoping someone could help me find a solution for a friend of mine.
I have been spreading the good word of real estate investing and recently got into a conversation with an old friend of mine. He is self em...
Lesley Resnick
Self Directed IRA questions
Happy Hump day,Is anyone using a Self Directed IRA? A number of the investors I work with have been asking to buy RE inside the IRA. Any insight would be helpful. If you are in that business, could you PM me.Couple...
Kyle Altenau
Minnesota Closing Costs
I am looking at buying a large commercial building in Minnesota for about $6 million. I am putting together a model for the purchase and wanted to be sure there aren't any costs I am leaving out. Is anyone familiar wi...
Daniel Alfandre
Building a house for parents - tax savings?
I am managing the construction of a house on an investment property my parents own. They said they would pay me a fee and split some of the sales profits with me. Any tax savings I can get on this type of relationsh...
David Zheng
Basic Self Employed Tax Questions
Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
Tim Silvers
SERIES LLC FOR FLIPS?
I am familiar with the series LLC, having used it before for rental property, but what about for quick flips in which the hold time may be only 30 days or less & you're doing volume? Yes, you pay a one-time forma...