I'm looking at purchasing an owner-occ SFR for myself for first time in decades and am no longer a W-2. Multi-family DSCR's were much easier to obtain, I'm recognizing. I'm off from meeting the DTI ratio by a ways, a...
Hello everyone,When getting into a home that has fire and water damage, what have been your issues when it came to:Evaluating the damage (for example, smoke burnt out some of the ceiling but don't know if floor joints...
I have a 10 unit apartment building that is considered a commercial property by the bank, but does the IRS still consider this a residential property? I was reading this article Real Estate Depreciation: A Deeper Look...
I would like some advice on red flags to look for, questions to ask the inspector, and general advise on a fixer upper I am considering. I am looking to purchase and owner occupy a duplex. The property I am currently ...
I am looking at a duplex which was built in 1973 and upon reading the seller's disclosures, in the section for the lead based paint disclosure, he stated: All vinyl and aluminum siding construction on concrete slab. I...
Request advice from anyone who is either a lawyer in Ohio or is knowledgeable and experienced with Ohio rental laws.
I have prospective tenants who signed a lease on 31st of October and paid security deposit same da...
Two important pieces of legislation took affect on October 1st. The first which cover the whole state is a change in the agency law. Previously if you were a buyer working with an agent, and you did not have a written...
Real estate prices in cities are generally multiples higher than in remote areas. EG Boston, New York, San Francisco, Chicago, DC, Seattle, Austin, etc etc prices are higher than small towns far from major metropolit...
Hello,I know there were similar questions already asked, but I would like to ask this specifically:1/ Can use HELOC from my primary residence to buy an investment property and be able to deduct HELOC interest as busin...
I'm looking for a mentor and cash partner in southern illinois willing to do all the leg work once we find deals if the percentage of the cut isnt good enough we can negotiate the terms of mentorship i just need he...