Schuyler Witt
Second Deal (from 2014)
Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $49,000
Cash invested: $39,000
2/1 SFH. I bought this rental with no (personal) money down. I paid the lo...
Katy Fry
Issues with continuous concrete foundation
Hi,I am looking at a small rental property, single family. The home is very small and has a concrete foundation on the main building. The problem is, there were a few little additions to this house that don't have a...
Kyle Grimm
Will Dodd-Frank effect me if I want to sell 3 homes OwnerFinance?
As stated in my subject line, I have three single family homes I would like to sell with owner financing over say a 5-10 year period. Does anyone know how the new Dodd-Frank lending laws will effect me?
Brad Clarizio
LLC Structure for Multiple Rentals- State of Ohio
Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...
Tyrell Rutledge
Subject to, then refinance.
My brother and sister in law recently purchased a new home here in ok. Their old home is in need of repair with about 75k left on the mortgage. The arv is 120k. Rents around 1k.Here is my question. They are willing to...
Brandon R.
Multi-member LLC - How do I get paid
I have spent hours reading and cant find this answer. I've talked to 3 CPAs and they all say it depends (given, I haven't paid them it was an initial consolidation for each firm). Please. I need an easy answer. This i...
Mark Miles
STR Insurance during Year 1
So I know there’s been some discussion here about whether or not Fannie Mae permits STR during year 1. Even if they now do, some lenders are still behind the times or, bottom line, lenders are still allowed to make th...
Schuyler Witt
Second Deal (from 2014)
Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $49,000
Cash invested: $39,000
This was my second real estate investment. Bought with no (personal) money...
Korie Apgar
Do I have this refinance and ROI calculated properly
I'd like to know if I'm calculating my returns properly when it comes to refinancing. Original purchase and closing come to $27,000. I'm all in at $27,000 and when I refinance I can pull out $20,000, plus to close a...
Jerrry Hopkins
owner financing gone bad.
Hi, Four years ago I bought a house that I got thru owner financing . I thought it was a good investment , until i recently tried to sell it this month. Found out that It was a wrap and unfortunatly I was not wise to ...