Timothy Clayton-Cornell
VA loan future property
Investment Info:
Single-family residence buy & hold investment in Dover.
Purchase price: $275,000
Cash invested: $3,000
Personal residence used to “house hack” but will be rented in the future wh...
Christopher Lee Johnson
My First Deal with a JV
Investment Info:
Single-family residence wholesale investment in Houston.
Purchase price: $45,000
Cash invested: $40
Sale price: $50,000
It's was a JV split with a partnership. My first deal!
...
Tyler Fortner
My very first rental property in Cedar Rapids, IA
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $7,200
My very first rental property. 4 bed 1 bath brings in $1050 a month in rent.
...
Jason Griffin
Seller-financed property... Do I need to issue a 1099 for interest paid?
We purchased a triplex in 2022 where the seller held the loan/note. This purchase was made in a newly created LLC. Do we need to 1099 the seller for the ~$5600 in interest that was paid on the loan in 2022 in order ...
Carey Branam
Spreadsheet for flipping?
We are flipping our first house, just closed yesterday. Does anyone have a spreadsheet or something they use to keep track of expenses, lists of to-do's etc that will help keep us m on track. Things like order dumps...
D'Antoine Hills
New Build or Fix and Flip
I am trying to determine if I should do a new home construction or a fix and flip on a vacant distressed property. What are some pros and cons of doing a new home construction opposed to a traditional fix and flip?
Anthony Phillips
BRRRR Single Family Home Lebanon, TN
Investment Info:
Single-family residence buy & hold investment in Lebanon.
Purchase price: $235,000
Cash invested: $15,000
Single family home purchased for 235k. Put 15k for the rehab. House appr...
Christine Hull
Good idea to Seller Finance My Vacant Lot?
I own a vacant residential lot and considering offering a land contract (where I keep the deed until the land has been fully paid off by the buyer). One of the potential pitfalls I see is if the buyer decides to build...
Dale M.
Paying off Real Estate Taxes
I would like to start paying off some backed up property taxes , ( i.e., school, county,local,etc. ) that have collected over the past 4 years on a property I own.My question is what tax bills are most important; shou...
Cholhye Kim
Tax and refi questions
Hi, I am in a predicament as it is my first year as a 1099 tax payer and I have a ton of write off. I made 38,000. I recently purchased a home with 3% down a few months ago (295,000 home). My pmi is 112 a month. Curre...