Scott Trench
More Riffing on Mortgage Rates (I think they will keep ticking up!)
As we enter 2H 2023 and head into 2024, I expect mortgage rates will increase and eclipse 8% on average. First, I expect the federal funds rate to rise one more time by 25 bps, to continue to rise before settling in w...
Eric Burch
Getting Lines of Credit using current equity in assets
We currently have around 60 properties with well over $2,000,000 in equity based of a recent appraisal. We are buying properties each month as well as building as well. I think I would rather have a LOC and not have t...
Zaid Bender
Interest Rate for Multifamily
How do you forecast the interest rate in the Multifamily and how is it going to affect cap rates and prices?
David McMahon
Strategies for this rate environment with no (current) W2 income
Looking at several out-of-state regions to find the right mix of cash flow, CoC, stability and growth potential. Aren't we all?Given my situation however, I'm finding it near impossible to find any deals structured i...
Eric Shadowens
April 15th Tax Filing Deadline Extended
The April 15th due date for filing and paying taxes has been automatically extended 90 days.
Individuals can defer up to $1 million of tax liability and corporations get an extension on up to $10 million. Late filin...
Sandy Reddy
Sheriff Sale in New Jersey with IRS liens
Hi All, Need some advice about a sheriff sale in New Jersey with IRS liens. Here are some details from the my due diligence.First Mortgage is recorded in April 2006 by Bank XAssignment of Mortgage (or DoT) Assignor Na...
Account Closed
1031 Exchange "down trade"
Someone please help me with 1031 exchange situation I am facing.
Original cost / FMV of the property being relinquished is 3M / 3.7M. So there is realized gain of 0.7M. FMV of the replacement property is 3.2M...
Janet Behm
$500 Daily Fine for Corporation, LLC, & HOA
The U.S. Government is nailing real estate investors
to the wall in a bold move to control financial crimes.
BOI is yet another Federal program, “Beneficial Ownership Information.”
The BOI program, a key tool in th...
Patrick Woodard
Cash out Refi tax implications
Hi, I've been a longtime member (lurker), but this is my first post. I need some advise on what to do with the proceeds from a property I am selling. Here are the details:My business partner and I bought two fourple...
Enwan Casson
Cash out refi
Good afternoon,
I want to do a cash out refi for one of my rental properties. I have two loan options to select from (30 year fixed and a 10/1 arm). 30 year fixed has an interest rate of 7.875% with a 54321 payment ...