Hello everyone,
This is my first property bought April of 22 @342,000 w/a 3.7% interest rate. I owe $320,798.76. Estimated value is about $404,379 but may not be accurate(it’s the amt that shows on my mortgage compan...
I only ask as I saw an article in Yahoo Finance that said Housing Flipping is back and it documented a couple of very impressive examples of profit. I know it is not that easy especially when you’re buying on the c...
I have what I imagine to be a pretty common scenario, but I'm having trouble wrapping my head around the proper way to run these numbers.I just recently pulled equity out of my current house. I plan on using roughly $...
HiI posted earlier on the use of the SDIRA with regard to UBIT and received some very good answers that I could then go off in a direction to learn more.Upon looking over this venture and reading other peoples simila...
I wanted to get some opinions on taking negative points. I’m currently doing a construction loan which will take 8-10 months to complete and I can get 3.675% with zero points on a loan of $250k. I only have to pay int...
Would you recommend in investing in markets where there is an appreciation in last couple of years but minimal to negative cash flow?If yes can you please convince me the reasons to keep a cash flow negative property ...
In 2021 I had overall negative AGI on my personal return due to losses on rental properties. I had no tax liability in 2022 and now here in 2023 I do. How/ where do I utilize that prior loss? Is it an NOL on Schedule ...
Hi, This home is listed for $700K in Livermore. Given people are leaving bigger cities (such as SF and whole of Peninsula),with few minor repairs, Wood flooring (remove tiles), bit of updating (such as add a Smart ref...
I have been looking at single family homes to purchase and then rent. I have learned that it is difficult to make these cashflow due to the high prices in the area and seeming booming real estate market (in our area)....
I have an opportunity for a sub to deal on a home that is appraised at 205k but the
mortgage is at 237k. Rents in the area are min 1400 and max 1600. Monthly payment on this home is 1547. I wanted to ask if its smart...