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What is a good percentage to use as leverage when buying property. I have spoken with proven investors who prefer 60% while others go for the minimum of 20%. Any thoughts
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Can I use a hard money loan to put an ADU on my property? Then refi the loan as a whole after the ADU is built? And with little down.
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I just closed on a duplex and it was a nightmare closing docs not at the title company till one hour after closing,because proccesor never sent it to underwriting till day of closing even docs were submitted three wee...
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Hello everyone,i purchased my first duplex last year with a Fha 203k loan. Here are my numbers.Current loan Amt: $118,000Mortg: $528 Pmi:82 HI: 90 prop tax:70rental income-$625 (below market) I just bumped my inherite...
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I currently own one property through an FHA loan and I am looking to acquire a second one. I found a deal that would be cash flowing from day one. I would move into this new property and fully rent out my current 3-un...
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Hello, I am looking at taking on multiple flips in the near future, and am curious how this may differ from doing 1 at a time. I am currently investing in Edmonton Alberta. Can you utilize more economies of scale? Are...
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Is it possible to invest in individual tax liens? If so, How might I go about doing that?
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I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
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I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...