James Webb
Fha loan cost segregation possible?
I am planning on buying a 4 unit complex for 200k using a fha 3.5% loan. Live in one and rent out the rest. Is it possible for me to depreciate the 3 units with cost segregation to get a big tax deduction.
TLDR can I...
Darryl K
Making attractive offers?
How can you sweeten an offer to make it more attractive to the seller, other than increasing the price?
Thomas Tokstad
Getting ready to evict my tenant, what are my legal rights?
I have a rental house with a tenant on a month to month lease. He has always paid his rent on time but is a nuisance to the neighborhood and his(my) yard looks like a junk yard. The city has come down on the property ...
Isa Glover
New wholesaler Question
I have a client coming under contract. They owe 380K on a property the comps in the area are currently 410K. They want a buyer who will buy the property outright. How can I help them? How can I get the bank to acce...
Zenus Wilson
VA loan refi and convert to rental question
Hello! First time posting in quite a while and wanted to get some advice on how to approach this scenario.We’ve been living in our current home (condo) for 3 years which we purchased with a VA loan. We have done a VA ...
James Eilerts
Mortgage + seller financed deal
Hello,My partner and I are going to purchase a single-family from a friend. They are willing to seller finance part of the deal. Property is estimated at about 170k value. We are looking to get a mortgage for 100k and...
Steve Veen
So Cal "Value Play"
I have been reading up a lot about apartment investing via a value play. I was just wondering if the current up-swing market supports value play investing or is it better right after a price correction period? Specifi...
Brad Tamm
Found the next deal how to finance
So I found my next deal, it's a SFR in a up coming neigborhood in miami. The home is listed at 80 k and needs 40k in renovation. The home is not financable through a bank due to a missing kitchen and toilets. Arv is...
Sean Williams
Starting My Company
Hi,I had an idea that I wanted to run across you guys.I want to get as many deals as possible. I have several friends that want to work with me.This gave me an idea.I told my 5 friends that I would give them a flat bi...
Denny Robert
Interesting potential SF situation (owner inherited, behind on taxes...)
I'm living in one of my triplex units, and I would like to start looking for a single family to move into. Renting the 3BR 2BA unit I'm moving out of would pay the PITA on the next property.I've been eyeing a property...