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I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a v...
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hi guys,I have this rental that is difficult to rent because its in an upscale neighborhood and the rent is expensive (2.7K per month).A part time teacher who makes 16K per year applied, her main source of income is h...
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We are approaching the end of a flip in Vero Beach, FL with roughly 50k worth of work remaining. One of our private lender partners is pulling out of the deal, leaving us with the 50k shortfall, it appears his financi...
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Investment Info:
Single Family flip
Purchase price: $142,500
Cash Invested: $190,000(rehab and holding costs etc)
We purchased the property through auction.com, which was very nerve wracking with the horror st...
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Does using the BRRRR method affect your credit score? I saw online that refinancing can damage your score. Is this true?
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Hello doing some due diligence and wondering if anyone has any experience with this hard money lending company Mountain Loan Service LLC out of Carson City NV?
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I currently own one rental and my primary home. I want to make a multi-family move but with my current income/debt ratio I'm not getting enough monthly to make a purchase. I want to explore an FHA Loan for this. Shoul...
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I'll start by saying it is my understanding that when buying property in the $20k-60k range, I'll be bidding against cash-buyers. Let's say I find a $50k property I like and I pay cash, then take out a HELOC. Then I f...
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Quick questions-hopefully someone can answer.
I would like to set-up an LLC for my real estate investing business (rentals;buy-and-hold), but then reading through the posts, a few of you have said that properties sho...
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Hi I wasn't planning on a house hack but I have a house that I'm considering renting out portion of it. It's not a multi family, it's a SFH. The question is on capital gains tax treatment when I sell the house down t...