In some areas of the USA, it seems like the people interested in buying homes are disappearing. Perhaps too many have been taken in by the mortgage scams. Perhaps they have a friend that lost their home after 15 years...
In the last month I have decided to start my journey. Here is my situation and I would appreciate feedback...
I am going to REFI my house since i am being quoted at 2.875% for a 30 year (NO POINTS PURCHASED.) This wi...
So, will try to make this short. A while ago, between a divorce and then a jobless, I fell way behind on my HSBC mortgage. When I did get a new job, I tried many times to work out something with Beneficial/HSBC, but n...
Has anyone out there ever partnered with a contractor to do a rehab? In this situation, I'm thinking that you buy the property (using whatever means) and the contractor rehabs the property for a percentage of the prof...
Greetings!
Scenario:
Bank A holds my mortgage with a 2.875% interest rate. My mortgage has private mortgage insurance (PMI) on it with a monthly charge of $91. My current LTV is approx. 45%.
Bank B holds my HELOC w...
I am looking to purchase a duplex and occupy one of the units. With current prices in Palm beach & Broward county well into the 400s+ would it be normal to not at least break even when only putting 3-5% down? The ...
I am consistently baffled by the complexity of the tax code in the U.S.
What percentage of the tax "savings" that you realize each year go to pay for overhead associated with preparing returns, planning, advice, etc...
Hello, I am needing a bit of guidance for my first commercial investment property. I've been investing in residential for about a year and a half now. I also own a gym and have been looking for a new building. I final...
Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
Looking at a 19 unit self storage facility here in town. Asking price is $55,000 with gross potential rents of $13680/year. Property tax runs $2600/year and insurance runs about $600/year. Estimating snow removal a...