Hi,This is sort of a unique question that I've been struggling to find guidance to online. First, my situation: I own a four-plex that I purchased in May that I do not, nor have I ever resided in. Outside of our l...
I am about 15 years away from retirement and would love to be mortgage free when I retire. I would like to buy and move into my retirement home now if possible. Question, does it make sense to use my 401k money so tha...
I have a commercial loan on a 10-plex in which I'm looking at pulling out the equity to invest in additional properties (BRRRR strategy). My main issue is that I have an early payment penalty for the first 5 years of...
Hi, I need a legal referral and/or advice on a deal I’m working on. I got a property in escrow but the closing date is past due now, more than a week old. I did inspection with my own costs. Found several issues. Look...
Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...
I have a mid term rental. This is not that. I'm going to be out of town during the April eclipse. Seems logical to rent out my primary residence to eclipse viewers.But this is a one off event and won't happen again, s...
This is my second time working with 2 guys on a house I am flipping. We have a good working relationship. I was curious if anyone has ever done anything like provide incentives or bonuses to your contractors for compl...
I know that a large majority will state that deals need to be formalized and gone through loan services, however, please humor me. With a friend to friend loan, I know...taboo and risky, what would a fair rate be for ...
Hi, anyone know any private lenders or how they go about finding and funding off market deals?
I have been putting 20% down on deals and it has caught up with me on repairs especially AC repairs and roofs.
I have a unique situation with an inherited IRA from a sibling that passed a few years ago. I could potentially purchase 3-4 units (down payments) with funds from this account over the next few years still leaving a g...