Michael Pilarski
Structuring a Land Deal
Hi All,
I have a property that has more than doubled in value since I bought it. I still owe the bank on the note (conventional mortgage). I am thinking of selling the property and want to know how I could struct...
Adrien Hebert
Rental Calculator Numbers
Just a general question for those of you who use the rental calculator to analyze deals. What numbers do you use for vacancy %, Repairs & Maint %, CapEx %, Management %, Income Growth %, PV Growth %, Expense Growt...
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Selling Condo 101
I've been living in a 1 BR condo for the past couple years but with the Market where it's at right now, It's time to upgrade to a town house. Condo is located in a sold out development that has rentals as well with no...
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From the heart of MD
Hello-
I am happy to find this forum!
My wife and I began investing in our future last year after the birth of our son the prior summer. Our perspective really changed!
We consolidated our skills and formed RuzzMa...
Alex McGhee
Subject to purchase and H.A.M.P. loan modification
While in the process of due diligence on this deal, I discovered the seller had a HAMP (HOME AFFORDABLE MODIFICATION PROGRAM) loan modification on her loan. My understanding is it works like this example :A loan can b...
Thomas DeMoss
Investing in Chattanooga
For those considering investing in Chattanooga this is a good article to educate you on the current market environment. https://www.timesfreepress.com/news/local/story/20...
Jay Turf
Combining Two Year Primary Residence Tax Rule with Holding a Note
Hello! I have been living in primary residence over two years. I've had a hard time selling it and considering holding a note for the buyer. My question is what are the tax ramifications of doing this? I would hop...
Brenden Zadow
Recommended next step?
I am stationed in South Korea for another year, however, I want to buy a rental property in the states. I'm pre approved for a loan and currently searching for deals. Is it feasible for me to purchase a house and find...
Brandt Moore
Taxes on Profits from Flip w/ Partnership
Hey there, I'm about to close on a flip my grandpa and I completed. The house was bought entirely in his name (non-owner occupied), but we are splitting the profits 75/25 with me getting the larger chunk. Would anyone...
Dylan J Berget
My First Investment - Craddle to Grave
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Billings.
Purchase price: $155,000
Cash invested: $30,000
Sale price: $225,000
Originally purchased for $155,000, I in...