Kim Hopkins
Request from Seller for Loan Advance on Seller Financing - Math Help
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
Tyler Veres
Forcing Equity/Increased Value by affecting NOI (bottom line)
Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
TJ Woolum
Refinance for Line of Credit
Hello everyone,I currently have a portfolio of 10 SFH rentals. 6 of these are on 30 year conventional mortgages with rates anywhere from 3.18% to 5.25%. 3 are on a 5/20 ARM at 5.1% and 1 I just closed on a 5/20 ARM at...
Dennis Constanza
House Hacking Rules in San Francisco or Los Angeles?
Hi everyone, Just found out about this community recently and have been trying to absorb information as much as a sponge through reading. Just graduated in 2020 and moving into tech sales. Have been doing some modest ...
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...
Prithvi Sri
How much value add is from raw land to land with approved plans?
There is a property of 8 acres costing around 3.5M (approx 10$ or less per sqft for the raw land). I am pitched by the developer that if we can get the approvals for 180k sft area warehouse on the plot (the land cost ...
Julian Delgado
Looking to grow my Real Estate Portfolio/ different strategies here in Baltimore!
Hello everyone!Seeking some advice and tips on how to continue in the right direction, looking to continue buying real estate in Baltimore I just recently moved into a newly renovated single family row home but alread...
Nick Elliott
Sanitary Easement might change my highest and best use for MF
Good morning,
Im in norther CA and the local sanitary district is requesting an easement along the backside of the property. The property currently has a fourplex on site but is allowed another unit and very close to...
Carlos Ptriawan
Paying principals in I/O loan
I'm wondering if it's possible to add principal payment only for IO loan.
Jay Rugs
We want to buy the farm - and keep our payments low!
We have been offered the opportunity to purchase a large farm that was once in my family and has significant sentimental and historical value. While we intend to occasionally live on the property, our primary goal is...