I'd like to hear from anyone investing or invested in the Cleveland rental market. I'm looking into purchasing a duplex or two in the Cleveland area for long term rentals.
In 2011 I bought my first ever property, in Honolulu. I used a VA loan and put about 12-15% down (didn't have to). Initially, I lived in the 1BR and then I realized that the separate entrance small bedroom and bath wa...
I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650%
Admin Process...
I was the highest and only bidder on a property yesterday at our local sheriff sale. I bid a .01 over the banks bid and everything seemed to be just fine. Today I received a call from the banks attorney asking if they...
I'm thinking ahead a bit, and I had a question about doing a cash-out refinance.For some background, I bought a buy-and-hold rental for cash; it included two houses: a 3/2 in the front, and a separate studio cottage i...
I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...
Hello all!
My name is Nate; I am a 23 years old. My occupation is an infantry officer. I am currently stationed at fort benning.
Over the past year or so, I have become fascinated with real estate. Ever since I gra...
Hello BP, after weeks of watching and listening to podcasts, I'm taking my first step into REI world. I'm part of the large group of people who like to observe and analyze everything before making a decision, that can...
I am wanting to make sure I understand this situation properly. Greatly appreciate the replies!During my home ownership, I have seen significant gains over 8 years. Lets say I want to purchase a new home to live in an...
Hi Bp,
I offered 100 dollars over asking price on a Homepath/fannie mae property with 5000 in earnest money and a 45 day financing contigency. Thought the offer was strong being as though the home has been listed for...