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Hello, are there any investors or flippers in the Fayetteville or Raleigh NC areas. I am an active Real Estate agent in the Fayetteville area and I'm looking into getting into the rehab side of real estate. I'd love t...
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Do you still qualify for bank loans if your income is solely passive rental income, but no w2 income?
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We're looking to sell our rental property that isn't performing well. We purchased the vacant land on 1/29/23 and built the duplex that spring/summer. It went up for rent in November 2023. The question is, what date i...
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Quick question. if I buy an investment for $80k less then the property I sold, then put that difference back into the new property as improvements within 180 days would that be a different type of exchange? More diffi...
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i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
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Looking to find 1 accountant who knows the US and UK tax code and with experience in real estate. Yes I know I may be looking for a unicorn!
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I have a buyer thats willing to buy my fixer upper house as lease option. He wants to fix only the essentials to qualify for a bank loan. He is asking if we could put the sale price as what ever it will appraise for w...
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Hi All,I need some input here. I need to open an LLC so I can get a business loan, seems simple enough but I'm investing out of state. I live in California and currently have rentals in Indianapolis. Do I open my busi...
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I am trying to figure out what a Likely and reasonable Monthly ( PITI ) note I will Qualify for Situation:I am considering paying down 2 CreditCards down to minimum Payments of $25 each , thus Allowing me Another $8,0...
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My husband is working full time. I'm housewife taking care of our child and rental properties.We have 5 SFR and one apartment building out of state, managed by PM. We bought the apartment building vacant last year an...