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When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...
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I am looking a property that is mixed use here in Tampa FL; Zoned CGWhat type of loans would you be elligble for in this type of property? would this be a business loan for the property or a personal loan if you live ...
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We purchased our triplex in April of this year for $260,000, we put $41,000 into it for the remodel. Our plan was to live in one unit (house hack) for 2-3 years and then rent out all three units for the cash flow aft...
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Please guide me through the process of closing on an off-market deal. The owner is interested in selling. Now what? How do I make an offer? What documents do I need? Anything I should know? Does and Don'ts?Thank you
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The time is finally here. I am ready to sell my primary residence, a duplex and purchase 5 or more units. I am considering doing a 1031 Exchange but I was wondering if all of my equity has to be used towards the new p...
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Is there anything I can get a tax write off on if I am house hacking such as repairs or maintenance? Can I depreciate the property considering it is in my name and not under a LLC?
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Hi,I rent my 4 bedroom house to 4 guys, joint and several, two of them left earlier, I have the remaining tenant screen the candidate first, then I qualify the prospective tenant with my rental criteria including 3 x ...
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Hey everyone,I’m purchasing a duplex in Portland, OR with an FHA. Property here is quite expensive, but even with PMI and a high mortgage the payment after rent comes in will be less than renting in most cases. Anyway...
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Hi guys,So I am buying part of the property (the other part my boyfriend will own).If later on I will decide to sell my portion to him, lets say for a bigger amount of money than I purchased it for, will he have to pa...
We bought a rambler where we got a permit to build a 2nd kitchen on the first floor/basement.
We are plant to rent it to a family member for a below market rate but even if we rented it for a market rate the rent ...