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So my wife and I have a significant amount of equity in our home. I am interested in using the equity via a HELOC to purchase my first rental property. I am curious as to how this process works and am looking for so...
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Over the years, I was able to buy two properties in different states (Florida and Virginia) that I converted to rentals (the beauty of being in the military and VA loans).
Once I retired from the military, my inco...
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Hello, I am just getting started with lease options and have had two deals but I am noticing my conversion on those are really low. I have seen a few investors mention that they provide the seller with a document that...
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Can someone explain seller carry back please?
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Last Fall I purchased my first three unit property. There was three offers on it, mine was going to be the only one that could do cash , I went cash. So.... now I am ready to buy my next. Im currently looking at a fou...
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I've looking at a commercial real estate web site. One of the sections is "Land Leasing."These are vacant parcels of land zoned commercially. The listings will say "great location for retail" or something like that.So...
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I am an insurance broker who represents RE investors across the country. A common question that I get is, "Why am I buying water backup coverage if I have a flood policy?" The answer is relatively simple: they cover...
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Hello I am very new to investing and trying to become familiar with certain terminology. I am not looking to make any moves right now but would like to have this info explained so i will know in the future.
This info...
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This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
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I am working on a purchase of a new rental property and the lender mentioned the option of a Multiple Advance Loan, where they would advance me additional funds up to the Loan To Value max of 75%. (this is in the con...