im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...
I'm stuck between two life choices: 1. Become a CPA2. Become a Real Estate AgentThe complication: I have always wanted to get into real estate investing. My parents own apartments and for the last couple of years I ha...
http://infinitycapitalfinance.com/ - This is the company I am referring to. On August 1st I was told (By Sean) we would be able to close this refi (on a duplex) "mid to late next week" pending committee review. A wee...
Hello everyone, this is my first post. I am serving in the Armed Forces and currently in the Georgia/Alabama part of the country. I am 23, married, and have no kids. Financially I have little debt to income ratio, ...
Hello all,
So I was talking to a realtor this morning and I asked him why there weren't more properties coming on the market as compared to last year. He mentioned that some banks are actually fixing up the propertie...
Hello everyone. Thanks for all of the great info on these forums.A little history....I have a decent job that I don't want to leave anytime soon, but I realize that I am not going to have the kind of retirement I wan...
Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...
My wife and I are 25 and are looking to retire in 10 years through long term rentals. We live in the Phoenix area and have 1 rental currently that cashflows $500/month. What suggestions do you have to build enough ca...