So I have a piece of industrial property set to close on August 4th that I will walk away from with a good chunk of change. I have one SFR and have been saving and wanting to jump into small apartment buildings. ...
I'm curious as to what are the advantages and disadvantages to having rental units paid off versus mortgaged? For example, spend $50k to pay off your remaining loan or use that money to acquire more assets?
My think...
So I have a property am selling. it’s paid off with no liens or anything on it. However, it seems because of the recent rise in interest rates, it has unfortunately push most potential buyer to get qualify for the mon...
Hi all,
Great context on this forum! I had a question I'm hoping someone could help us with. We are making an offer on a 27M building in AZ. Normally when we are looking for investors/partners we would include an ac...
Went through tenant screening process, tenant filled out application and I approved. She sent the security deposit in to lock down the place. It took a few days to get the lease together because there was a little bac...
What are the typical points paid to someone funding a double close for a wholesaler?
Looking to get my first loan as an FHA, and the first question they ask is what my monthly payment towards debts are. If I have paid ahead on my student loans and technically do not need to make a payment for another ...
If HELOC funds have been used as down-payment for the purchase of a rental property, would the interest paid on HELOC be tax deductible?
Help me understand this more clearly. If rent is due on July 1, does that pay for the month of July, or the month of June?
Hi all, I spoke with an investor via phone that I met through Reddit. I mentioned to him that I wanted to get started with investing via wholesaling and after some chatting, he brought up his willingness to be a paid ...