Christopher Nemlich
Cashout Refi reason being asked
Hello,I'm currently working to cashout refi my primary residence as I believe I can free up 80-100k to invest with. In working through the process with the lender I am now being asked for the reasoning for my cashout....
Sam Pollock
$80,000 Equity in my house
If I have roughly $80,000 equity in my primary house would it be smart to use that as a line of credit towards getting our first investment property? I work in the construction field as an electrician but am certified...
Matthew Lindsey
What is the best type of Attorney?
Hi,Can someone point me in the right direction? I want to find the best type of attorney to help me structure my rental business as to help protect my personal assets the best. I have an LLC and an Umbrella policy tha...
Ron P.
Tax Professionals and Random Number Generators
I'm dating myself but what the heck. I remember from years ago, that for a while Money Magazine did a yearly tax return test involving a hypothetical tax return and tax pros. Money Mag would ask a number of tax expe...
Angela Bautista-Diaz
Need advice on starting out: Financing, How to present to a partner
Hello, I am wanting to start out in real estate investing regardless of the rate. I want a partner to help me with the downpayment so I can secure a home. How do you present this to a friend or family? Do I offer the...
Al Kim
So Cal Land for Investing or Sell?
My parents have a 20000 flat lot with a small SFR in fair condition on RD1.5 zoning in Los Angeles county, suitable to build a 10-16 unit apartment or subdivide to attached/detached condos. The property is adjacent to...
Melissa Reinhart
Making offer as LLC?
Hello, I am getting ready to put in an offer for a retail property. I have pre-approval letters under my personal name. I also have an LLC. How do I make an offer?
Magenta Vaughn
Looking for a financial planner who is heavy leaning into in Real Estate
Hi! I am a newer to real estate investing but def understand the potential benefits of writing off W-2 income with passive loses. My spouse and I have completely separate finances. He is starting to make more and we r...
David Blaine
CPA can refer 1031 client - how to compensate CPA?
Hi all, thanks for helping.
A chance discussion led to a contact with a CPA whose client may have 1031 proceeds in the near future, and I have acreage available, free and clear and not listed so no agents/brokers inv...
Chris Vincent
Any thoughts on investing in Cleveland or Detroit?
Trying to gain peoples outlook on investing in distressed areas in Cleveland or Detroit? Does anyone know any hot areas in these cities that will produce cap rates of 10% or more?