Derek Phillips
Pulling equity from a rental
I have a rental I don't want to refi. There is about $60,000 of equity (not a ton) but I have an opportunity and other funds are tied up. I've thought about owner financing, and a refi (not my favorite option). Any ot...
Jonathan Studdard
Best game plan for turning my cash into cash-flow?
I am trying to put an ideal game plan together to begin my journey in REI. My goal is to use the cash I have to achieve enough cash flow to cover my living expenses within a couple years (if it's even possible). If I ...
Chris Pounds
Achieving "Real Estate Professional" Tax Status
First post, all. Thank you for reading.
I am considering jumping in on the landlord/rental investment train. I want to maximize my returns and try and achieve REP status on my tax return, therefore allowing depreci...
Deana A.
How does a property buyout benefit me? Is it a fair deal?
Hi first time poster, still fairly a beginner in my real estate knowledge. Looking for some sound advice. My brother and I have inherited a property and we moved back into our parents home so we can rent it out the pa...
Dan Snyder
Intent Question Qualifying for a 1031 Exchange
Hi all, I have a question about intent on the property being sold in a 1031. I received a property from my grandparents (sold on deed for $1) in September 2020. They owned the house with no mortgage. The plan was to u...
Matt Jones
What happens if I don't move in Fannie Mae Property in 60 days? Bought as an owner occupant.
I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in. I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...
Alex Alleva
Long term tenant way below market rent
I recently completed the buy out of my family members on a quadplex. We had tenants that have been renting from my family for roughly 12 years. They are great and give zero issues. The only problem is my grandparents ...
Alex Silang
Should I wait a year for lower interest rates to buy something? Why buy now?
Titles says it all. I'm ready to buy but according to Financial Times, markets are predicting 1 full percentage drop in rates this year. I was reading a report and an "expert" was predicting 1.5 next year. That's 2.5 ...
Jordan Leithart
Brand new to Real Estate investing, already working as an agent
Hi everyone,I'm just starting out on my real estate investing journey, though I'm already working as a real estate agent in Orange County, CA. For my investment strategy though, I'm looking out of state for multi-fami...
Tim Jones
Colorado Portfolio Lender
Looking for a creative lender to fund a primary residence in Colorado for a client. A few unique circumstances have them hitting roadblocks. Don't want hard money per se. Who can you recommend?ThanksTim Jones