I have 2 rental units with the cash flow of 36k a year. I am thinking to add some more rental unit. My question is, should I keep it as a schedule C on my tax report or create a legel business such as Corp. or LLC ? A...
Hi guys,
Need some quidance on how to do a HUD-1 net sheet for a Short Sale. Bank is waiting on paper work. I have everything else needed for the short sale package except the HUD-1 which is the bottom line for the ...
Advantages of financing vs sdira purchase. I have two identical 4 flats next to each other. One in excellent shape... I was thinking of making a cash purchase through a SDIRA. The second needs a little work, was think...
Looking at two adjacent duplexes. Listing for $580k, the four identical units are each 3 bed 1 bath renting for $1200 a unit. Average rents in the neighborhood for comp houses are $600+ per bed. Taxes are $9600. N...
Is there ever a chance a bank won't refinance my property after I've rehabbed and rented it? I've BRRR'd successfully once before and am doing two deals now using hard money. Just want to make sure at the end of it ...
With all of the detail, education and processes involved with becoming a multi-family syndicator it is difficult to know what exactly is the best step to take once I am already heavily self-educating. Wouldn't finding...
i'm looking for the forum's advice on the most efficient/effective way of weeding out properties. i'll be living in the property for at least a year. while i live there, i'll be living in it (so property can't be a co...
Hello! We are new homeowners, new to this site and have just started on the path of REI. We bought a house in Mt. Washington (Pittsburgh) in June 2017 through a Fannie Mae HomeStyle Renovation Loan. We first made an ...
Hi guys,I'm struggling with the 2% rule.. I know it is just a rule of thumb, but I want to achieve it if possible. Tulsa is a pretty competitive Buy and Hold market. I just don't know anyone achieving those kind of nu...
Hey everyone! Progressing through my early stages in real estate investing...I'm having a lot of difficulties knowing where to get started in analyzing deals and running numbers. I'm checking Zillow, I just don't know...