My husband and I co-own an investment property with our daughter which we are now renting out to tenants. My husband and I have also mortgage on this property. Our daughter’s name is not on the mortgage even though sh...
Hi, does anyone have recommendations for flood insurance in Florida? I am currently closing on a place in Pensacola and am comparing quotes. My current best is about $850/yr (through USAA portal). If anyone has better...
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
I am currently flipping houses and most of the workers I hire to do work are not licensed (handyman, etc...). My builder's insurance does not cover any of those workers. I need to know if there's a legal form that I...
Has anyone had RECENT experience with asset based lenders and if so any idea on what the rates are? Have a multi unit looking to finance for 30years.
Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point.
On the 15 yr fixed mortgage's I use, that comes out to about $250/month in interest payments, or $3,000/year....
Something new to me is when I see people letter grading real estate areas. "The building is in a C+ area." What constitutes a C+ area? B area?
How is this determined?
Thank you.
Arnie
What I'm trying to understand is the employer side when you have multiple companies (I don't just mean multiple LLCs for properties), and are working in and hiring people that work in both. For example:
I have a real...
Got pre-approved for an asset based mortgage with a 7.5% interest rate. I’m currently unemployed due to Covid but have inherited a large savings account from a passing family member. I’m sick of throwing my money away...
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...