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Hello,Background: I am in the process of purchasing a new principle residence. I am using a local credit union for financing and putting 10% down. Originally, the credit union was planning on financing under Freddie/F...
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I own a small portfolio of rentals that I purchased in late 2018 putting 20% down and using 5yr balloon commercial loans with a local credit union. I have a rate of 5.5% on 4 and 5% on the other 3. These are ‘C’ grade...
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Hi, seeking a tax professional or company who can take care of filing taxes for 2022 , Also need help with 2021 . STR portfolio consists of 5 Active listings spanning across NJ, PA & VT. The intention is to have s...
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Hey everybody
I'm purchasing my first real estate investment property and it is a 4 unit multifamily in Jersey City nj.
I'm wondering if I should go with a smaller local bank who offers a lower rate but has a prepa...
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Hello,I personally have 36 units that I manage using buildium. I manage those properties as if they are my clients as I wanted to take on more PM clients in the future. I'd really appreciate if you could expand on eac...
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Got a quick question about wholesaling and taxes. When wholesaling, are you issued a 1099 or anything from the hud 1 form or do you just make sure that you take care of the taxes on your own according to how you are s...
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Hello, We own our house free and clear valued at about 580k. I'm considering using a heloc to fund a fix and flip. Plan to start small, buy a condo or townhouse wholesale that only needs cosmetic upgrades i.e paint, ...
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This article was published recently in the Canadian Real Estate Magazine.Condos are set to flood the Ottawa market in coming months, and that could be a major cause for concern. The problem is, Ottawa is already awash...
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Hello BP,I'm looking to buy a multi-family home within the next 6-8 months. My question is after living in the home for a year or more, if I receive a job offer in a different state, decide to have less unit because ...
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I am working with a seller on a property he and his sister inherited many years ago. I want to ask the forum if there might be any tax benefit if they don't receive all the proceeds in one year, but stretch out and ge...