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I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...
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Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
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Hi BP! I bought a tax-foreclosure in Detroit, the property is currently occupied with the previous tenants....they are interested in purchasing the home. I have spoken with several local attorneys about doing a straig...
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Hi my name is Nate, I am actively looking for an investment property in the Manchester and Concord area of New Hampshire. I feel that investing in the city would probably be my best bet over the surrounding towns, unl...
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Hi, all.Looking at rehabbing a spare bedroom I have in my primary. It currently does not have any heat/air going to it and I wouldn't be able to simply tie a pipe from my central system to it (I have a floor vent syst...
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Questions to ask when vetting property management ? Or any signs to look for? It will be for an out of state property.
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I'm looking to invest in multi-family but my DTI is pretty much at its limit. I've looked at several ways to incorporate deals but the majority of sellers want a loan from the bank. How can I continue making offers wi...
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Hi all,
For those in the Bay Area we’ve seen some crazy price hikes. Do people get the sense that the market is starting to cool off? I have seen a few articles about Seattle’s markets starting and would like to get y...
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Hi, I have a large unexpected expense on one my rehabs and I'm trying to keep my costs as low as possible on other items. Has anyone used a good alternative to drywall? I've seen some cool 3D panels, etc. Does anyo...
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Hey everyone! I'd love your business insights on a partnership I'm considering. I'm thinking about going into business with a friend who is a custom builder and curious to know what the industry standard is for the bu...