My current situation:1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income.  I am looking for a solution where I can buy more rentals.  I...

Do I pay taxes on flips What do I do

This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...

I currently have 4 mortgages in my name.  3 investment properties and 1 personal residence.  I'm wanting to buy a lot more real estate (buy and hold).  I know I'm going to be capped on personal mortgages in my name af...

Hello there! New member here. I wanted to get experienced opinions on our situation. My wife and I currently own a house in Royal Oak, Michigan (Metro Detroit). we have decent equity in the house as we bought it in 20...

Hi there!I have the means to invest about $40,000 dollars (down payment, repairs, closings costs etc.) into a 3/2 SFH in a desirable state with a buy-and-hold strategy. In addition to state income tax, property tax, a...

Hey guys, I'm having a tough time getting comps for leads. I'm currently stuck using sites likes Zillow to see what houses that are similar in size and layout have sold for, but I'm not sure how accurate these numbers...

I own rental properties in Mesa AZ, Las Vegas NV and Memphis TN -- all purchased with the traditional loan (typically 20% down) and they are are moving along nicely in terms of their overall returns. The properties in...

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...