I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...

My wife and I are within a month of buying our first place in Orlando, Florida. We were blessed to have my father use a cash-out refinance on his residence in Minnesota which allows us to fund this deal 100% (no bank ...

SO!!my SFH rental likely has a solid $50K+ Available in equity...

( $100K+ value / 28K owed @ 2.75% / assume 80% LtV)
I cannot find a lender that will do a HELOC on an investment property.. I'd like a HELOC as a ...

This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...

I’m in contract on a 7-plex for well under listing. It’s a C class property - which I’m familiar with and have operated. On paper this is a win of a purchase for me. I can provide a fast purchase and close (buying in ...

Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...

I do a home business return (1040) and am taxed on all money made in my LLC.  Even though I pay on all 2016 earnings am I required to roll all money earned that year from the LLC to my home account at the end of the y...

I called to do an informal appeal of my property tax (SFH with an ADU) and was told I would need to also submit my rent rolls to be used in their reassessment. Has anyone heard of this, or granted this request and had...

Showing this property to one of my client tomorrow. MLS shows 4 plex but tax roll shows 5 units, seems like 5th unit is burnt. Will it be considered commercial property then as these are 5 units not 4? MLS states 4-un...

Hey everyone,I'm a new realtor,  I've been licensed for a few weeks now and am having a hard time trying to figure out what to do now. The past few months have been crazy, doing my schoolwork, test prep, interviewing ...