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I am trying to figure out how much equity I would need to raise to build a hotel. Here are some assumptions:- Let's say I were to a build a hotel and the total cost were $10 million- The value of the land on which the...
I am looking at buying an investment property. I have talked to a couple of different lenders, and they quoted me 25% down and a fixed interest rate for 15 years at 3.75%, but here’s the catch, this is only if I put ...
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Folks;I have a potential great opportunity. I have a very close family member who developed a 6 unit condominium. The idea is that he'd let me purchase the property interest free without any gotchas (He's my father in...
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I own a 4plex and want to move up to a 10+ unit building.
I have great credit and 2 years professionally prepared tax returns earning 75k+
Can the expected revenue of the property that I want to purchas...
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All, I have 7 townhouses all on commercial loans. 4 are on one loan and I have been paying this for 3 years. It is fixed for 5 at 5% years amortized for 20, and then can be variable. My loan officer said we can ju...
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What is the best way to leverage my home to invest in real estate? I have lots of equity built up in my home. I want to use some of it to start invest in small multi family. I thought of using a HELOC but it seems tha...
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I am trying to gain knowledge on financing my first investment property. I currently owe 214K on a home valued at 315K. I was considering selling and using the money made to purchase a multi family property. However, ...
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A weird thing happens when I write down my goal. Even if I don't look at them again until the end of the year, they all seem to happen. I thought I would use this forum to write down my 2016 goals. Hopefully, they...
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Investment Info:
Condo buy & hold investment.
Purchase price: $49,900
Cash invested: $20,000
2BR 1BATH Ranch Style Condo (817 square feet on main level & unfinished basement)
What ma...
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Given this year's Roth conversion rules, and next year's higher taxes, has anyone done the math to figure out if it makes sense to do a Roth rollover rather than buy in an IRA?
For simplicity assume enough cash on...