Ryan Vienneau
LLC structure for separate holding LLC's, property management LLC
Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental ...
Account Closed
401k loan
Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions? In our case there are earnings and employer matchin...
Ed O.
Starting out - Avoid Bank of America
Hoping to help some newbs avoid some serious banking pain. This is one of many disasters with this bank that I have been involved with. I just spent 30 minutes helping my plumber try and get funds from a job. He depos...
Ashley Marrazzo
Purchasing a rental property, bank won’t grant loan due to income
Hey everyone! My name is Ashley and I am a first time home buyer. I am looking to purchase a duplex or triplex. But they told me no! I refuse to hear that as an answer! I was Approved for an 800k loan at 3.5%. I have ...
Adele Hawkins
1st Deal Analysis for Rental Property
Woke up this morning and tried my hand at my first Deal Analysis.First and foremost can someone look this over? Is there anything else I need to consider? Property 2/2.5 1,375 sq ft Townhome. Asking price $64,900.1. G...
Michael J Ball
Looking to buy first investment property near Ft. Rucker
Hi all, new member.Quick background. Was USMC reserves after high school, did one tour and used the VA loan to buy my current house. Just graduated law school with no student loan debt, my wife is going for her NP and...
Wesston Faux
Understanding a balloon payment
Hi there,My question is regarding balloon payments. I saw a deal posted on realtor.com as follows:Fully rented brick 4-plex. Seller will finance with terms acceptable to seller. Minimum 20% DOWN, Accept SELLER'S EXIS...
Billy Trent III
If I refinance my home, can I purchase another home?.
My plan is to refinance my home, purchase a cheaper home to live in while I rent out my current home. My question is, if I refinance my home, can I purchase another home? The new home will be under 40K with 10K down.
Tyler Tronson
New to the game needing some advice
Hey guys I am seeking some real advice on how and when would be a good time to step out of my job fire my boss and start up my real estate business I have roughly 10k in savings right now. any advice or insight would ...
Sean Schittig
Lake Champlain Vacation Rental
Hi All,I was wondering if anyone has experience in the short term/vacation rental business. My wife and I are looking to purchase a home on Lake Champlain and rent it out when we can't get up there (preferably the VT ...