Andrew Rushing
Actually liqudate my 401k?
Hey everyone, probably dumb question, but im actually interested in what everyone thinks... Im very new to all this. Dont own any properties, but have a goal set and have done a lot of research. I have 2 small 401ks (...
Jose Bu
Gatlinburg STR, Franchise and Excise Tax 6.5%
My lender is willing to close our Gatlinburg STR property in my personal name or in the name of my LLC. I would love to close in the name of my LLC to have less liability. But If I close in the name of the LLC then TN...
Ian Salinas
Payoff line of credit?
I took out a $60k line of credit from my house to fund my first deal but I only used about $30k. With interest rates being so low, I’m looking into refinancing my home and taking cash out to pay off the line of credit...
Tina Wang
portfolio
I have a friend who bought a rental portfolio in Houston for $10m, with 20% down payment. I wonder if there are any deals like that in Charlotte areas? Do you guys know if any banks lend to deals like this?Thanks
Sam Kwak
24 Unit Apartment - Owner Financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Aurora.
Purchase price: $1,500,000
Cash invested: $170,000
24 Unit Apartment Complex using Owner Financing Acquisitions.
Lynn Z
ARM Conversion Pitfalls
has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...
Grace Reutzel
Weekly Rent Payments
I am trying to avoid a 3-month eviction process, if ever needed, by collecting weekly payments for an RV space I have. My problem is collecting rent. Paypal offers weekly recurring billing, but at $40 a month, that ...
Carl Martin
Ran in to Trouble
I'm new to investing in real estate and I have not actually invested in real estate yet. I had an unfortunate medical accident that has landed me over 50k in debt. I do not even make 50k in a year. Is there a way I...
Account Closed
National RE Investor Coverage versus the local branch of my insurance company
I am looking for some help with setting some principles in securing insurance for rental properties. I am buying a third rental property through a turnkey operation and they recommended using National Real Estate Insu...
Brenda Varda
Can an Owner do a 2 yr Lease w/Option to buy to qualify for 1031?
I'm thinking about renting out a property I currently live in - possibly with Lease option to buy in 2 years. Does that work for 1031: and what are the pros & cons? The minimum lease period is 2 years and then ...