I am closing on a short in about 2 weeks. I expect the rehab to take about a month, putting me into the holidays. In my market the buyers come out in droves when the first warm weekend arrives. This is usually mid ...
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
I purchased a positive cash flowing property last summer, for cash and am now (finally) looking to do a cash-out refi to pull the cash to use on another property. My other properties were all purchased with traditiona...
Hi All,
So I had an idea to start an opinionated discussion of the state of the market as it stands today backed up with some facts that could help people who are starting out as well as help current investors gain a...
Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
I had an opportunity come my way with a couple fellow real estate investors are refinancing a short term rental property and the appraisal came in a bit low and they are looking for gap funding and are offering 15% in...
A few years back I did a lease option on one of my houses in Texas. The tenant had 3 years to exercise his option to buy , buy failed to. The option expired above a year ago and so did the lease. The tenant is still i...
Looking for recommendations for non-traditional lending options for residential properties (SFH or duplex). Need new strategies to purchase properties and refinance existing after reaching 10-loan limits with Fannie ...
Hello All,Have a question that I wanted to see if I could get some input on. I am looking at 3 condos in a complex that has a total of 32 condos. The condos are typically priced about 65k-75k/each. Have an opportun...
I've heard of many homeowner association problems over the years and am working on, and looking for, possible solutions that would tip the balance of power more in favor of the owner and the democratic concept of d...