As I'm getting the foundation of by business started, I'm trying to take into consideration the tax implications as well as the legal implications of the money I spend. Since I don't know the answer to this questi...
We are selling a primary residence which was a rental for the last year. Since we lived in it for 2-yrs within the last 5, we qualify for the $500k capital gains exclusion. However our profit will exceed that by $150k...
I have recently came across the following situation and was wondering if anyone had an input:A friend of mine owns a property that is being bought by a gas station chain. It's selling for about 900,000. My friend want...
I'm purchasing a six unit in KCMO that has coin-op laundry machines. As an out of state owner, the coin system doesn’t work for me. Does anyone have experience with card payment systems with machines they own or wit...
Have been keeping an eye on some vacant land near where I live (Chicago, IL). Former auto repair shop. Current owner demolished the building and did a Phase I, which came back clean. Original plan was to build a Starb...
Hey everybody...I stumbled across an absolute gem recently. The house's shell, foundation and roof are up, but the entire inside needs to be rebuilt. The studs are up to get definition to the spaces, but it's complete...
I am currently looking for a bank that will loan less than 25% down for multifamily units. We plan to buy a 4plex in the Atlanta area and live in it. The loan would be a First time home owners loan and I would like to...
Hello there!! I'm just finishing rehabbing a property that I bought 6 months ago. I'm looking to sell this property soon but I really don't want to pay big chuck of commission to broker agents. So firstly, I wanna try...
Hi all-
I've been looking to get a bridge loan from private money lenders but have noticed there are a ton of scammers online claiming to be legit. Any advice on how to find actual private money lenders? Also, woul...
Working on a BRRR right now - paying cash for property and rehab, then plan to refi into a 30 yr fixed at 6 months (required seasoning period to do refinance based on new appraisal instead of purchase price). Had an i...