Joe Engelhardt
To HELOC or not to HELOC? That is the question
So here’s my situation: I live in Oregon but I invest in the Midwest because of prices in my area. I currently have 2 SFH rentals on conventional loans and would like to invest in another soon. I have nearly $300k in ...
Zach Tarwater
401k withdrawal, cares act, overnight rental
Will loss of rental income from my overnight rental qualify me for the penalty free 401k distribution? I had two or three months of less than average rentals and one month of no rentals due to Covid travel restrictio...
Adam Kuhn
First Duplex Deal Analysis
Looking to get any feedback on my first duplex deal. It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. Purchase - $259,900, 25% down (roughly $65,000), 4.375% ra...
Chris Picciurro
How to Identify the Best Tax Professional for You
Navigating the maze of taxation can be daunting. Whether you’re an individual, a business owner, or a self-employed entrepreneur, managing your taxes efficiently can be the difference between smooth financial sailing ...
Anna Maher
Getting a Mortgage without W-2 Income
I'm considering quitting my W-2 job to focus full time on my real estate business. We have enough passive income to live on and would supplement with house flips, etc. Does anyone have experience with how this would ...
Account Closed
New wicked awesome member from Long Island
Hello all,
My name is David Ray. I'm currently an Estimator and a Real Estate Agent on Long Island at EXIT Realty Premier. I studied Architecture in school, and always had a passion for real estate and architecture....
Anita Morrish
Appraisal with cash out -advantages?
Not sure if this is the right forum but it's about a mortgage...so, we've lived in our house for 2 years. It's a new development and we know the starting selling prices on the houses have gone up since we moved in. We...
Pranav Parikh
Insurance coverage in disaster zone - asheville/swannanoa/black mountain
Hi everyone, I have a property in Swannanoa that was affected by the hurricane. I have Proper insurance, tailored to short term rentals. As many STRs in the area, I have been dealing with cancellations and loss of rev...
Brandon Motuk
Refi from LLC to Personal
I currently own a property through my LLC that I am looking to refinance. I just had one lender tell me that if I wanted to "refinance" into my personal name (they don't lend to LLC's) then it would actually be a sal...
Devang Patel
Should I sell my property?
I have a 4 unit in NJ that i purchased 4 years ago. From the beginning this property has been difficult. I had to evict 3 out of the 4 units initially. Thereafter I have had to take tenants to court constantly to g...