Tom Saysithideth
First investment & first mistakes
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $120,000
Cash invested: $60,000
First real estate investment property in the books. First lesson, make sure your be...
Bomee Kim
Anyone heard of virtual CPA -"1800 accountant" is the company name - and use them?
Is there anyone here using virtual CPA called 1800 accountant? They claim they are comprehensive account who is expert in filing tax in everything including real estate, business, cryptocurrencies, options trading at ...
Matt Sherman
Bank of America personal to LLC
I want to transfer my personal mortgage to my LLC, loan is with Bank of America, has any one done this with Bank of America? And will I have to refinance under LLC name? And what route would I go contacting the bank, ...
Jacob Deacon
Buy and Hold Cash flowing Investment!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $20,000
This opportunity was presented to me and I pulled the trigger after looking at it!
...
Rahul R.
Rookie Analysis Paralysis - can you take a look at my offer?
Property background: Duplex 2+1; Buy and hold 4% interest rate, 25% down : Offer price- $155k; Type C working class neighborhood, appreciation since June 2019 till now 16-22%, likely market inflated prices due to low...
Pete Harper
Title Transfer to LLC
I just purchased my first duplex in Bryan, TX. To get a more favorable loan I purchased the property in my personal name. The loan is 30yr conventional. I would like to transfer the title to my LLC for liability prote...
Patrick H.
Home Loan Document signing
I was obtaining a pre-qualification for a home loan, and was asked to sign the: Rate Lock Agreement, Disclosure Notices, Servicing Disclosure Statement, Right to Receive Copy of Appraisal, Appraisal Delivery Timing W...
Kantcho Traykov
Owner financing advice/question term length and interest rate.
Hello, I have a question about someone offering owner financing for a property. The numbers I was quoted seemed high and I was wondering if that seems like a normal/good deal. I am new to real estate investing and hav...
Faith K.
Depreciation recapture taxes in a partnership
I have heard two different opinions recently regarding depreciation recapture taxes in a partnership. Let's say Investor A is part of an LLC with Investor B that owns an apartment building. Investor A is assigned th...
Sam Michael
Property Management 1 year+ Second Home Mortgage
We have a second home mortgage on a property we bought in 2020 - so it is past the 1 year mark, and using the 2019 Fannie Mae Second Home rider (As seen at https://singlefamily.fanniemae...)
We are considering doing...