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Hello, Currently in a process of refinancing a property we had under CD for couple of years with seller financing (owner still have mortgage in place). Is that true that you can not collect any money at the closing? O...
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Hello everyone, I'm in need of some guidance. I bought a 5-bedroom, 3-bathroom property in Orlando near Disney World for short-term rentals. It's been a year, and contrary to my initial profit projections, I've been c...
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After you invest in a real estate syndication, you will get regular updates on the progress of the project after the deal closes. At any time, you can ask for more information or clarification, but when a unit floods ...
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With recession looming (I believe we’re in it already - early phase), what are some of your strategies to combat high interest rates when it comes to borrowing from the bank? I’d love to hear directly from mortgage br...
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My girlfriend is looking to purchase a house. I've done a lot of the heavy lifting narrowing it down to a few properties to look at.
I am not a RE agent nor do I have any license of any kind, however I have access t...
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I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc.. I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, wh...
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Hi everybody!I am thinking of buying a rental in Maricopa county.Trying to figure out how rents will be taxed? Rent is 1K per month, so 12K per year. Property taxes are 2K/ yearHow am I gonna be taxed on the rents tha...
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Below is the scenario that is unfolding for us. Looking to minimize taxes and and maximize retirement funding.Appreciate any insights.-------------------------------------------------------I am part of a multi member...
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I'm about to start my house hacking career and will be self-managing my properties (no LLC yet too). I don't want to need all the tenants, services, and family to update my mailing address each year so I've begun loo...
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Hi BP! Hope everyone is staying safe and practicing social distancing :).I've been reading the posts of how the current pandemic is affecting everyone. Some think oh this won't affect real estate or real estate will b...