Garrett Masiulis
Need to learn about taxes
I am selling my primary residence and downsizing to help raise capital for my first rental property. I have roughly 90k in equity due to debt service payments and appreciation. Is there anything I can do to reduce ta...
Garmeon Y.
Realtor's worst nightmare? Getting their door kicked in...
...literally.It's the day of open-house, lots of people. A guy from one of the groups was talking about all the things they were going to do with the place when he discovers this: someone had kicked in the door last n...
Richard Warren
Fed Cuts Again
The Federal Reserve cut the Federal Funds Rate to 4.50%
See story:
http://biz.yahoo.com/ap/071031/fed_interest_rates.html?.v=14
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Nicole Duran
Tools to leverage your money to buy more properties?
Hello, Does anyone know of tools that you can use to leverage your current investments and cash to buy more properties? I own 2 condos in Logan Square, Chicago and am looking for a 2flat in the area to buy. I have a H...
Lucas Cookson
Buy with cash & get a HELOC or only put 20% down?
A property I'm looking at is about $65k. I plan to buy this property, and then continue to buy more properties once this one is rented, repeating the process over and over.Would I be better off buying it with cash, an...
Kyle Scholnick
How to determine type of neighborhood
What is the general criteria people are using to define a type of neighborhood? I get the idea that A properties are in nice areas and D properties are in not nice areas.....but is anything else determined just by the...
Ody Orad
First Time Home Buyer - Does a new cc affect mortgage application?
Quick question as a first time home buyer, I currently applied for a new credit card and I am looking to buy a house very soon (within the next 3 months). Before this new CC, I had a credit score over 700, will this ...
Gene Hacker
CA lawmakers want an additional 25% cap gains tax for flippers
I am not sure how likely this is to pass but it is worth watching for anyone that invests in California or may wish to invest in California in the future. Basically, it looks like it is meant to target anyone buying a...
Dakoda Spencer
1. Tear Old House Down 2. Put New House Up
Hey all, I have a situation that I am trying to think of a solution for. I just recently went and looked at a house that is in a great neighborhood and has a great 1 acre lot. It's an REO, they are asking 52k, the ARV...
Natanya Vidales
2 bedroom one bathroom probate home in California
Is anyone experienced in purchasing a probate home. I seen one in Southern California with some repairs it could possibly be a good home. But it will not qualify for an FHA loan because it need extensive repairs . If ...