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Results (10000)
Mike A. Advice requested - options primary and rental
9 August 2021 | 2 replies

All, looking for some advice on what to do
Primary - 725K at 2.875%- 30 years -70%  LTV
Rental - 215K at 2.5% - 14 years left - 35% LTV
With the state of affairs, it is basically no cash flow on rental with all exp...

Sheri Fierro Tenant wants to buy a commercial property and have us carry the loan
19 September 2014 | 4 replies

My brother and I inherited some rental properties in Los Angeles and we are very fortunate with what our dad did. All the rental properties are paid for. No mortgages but most of the properties are fairly old. Anyway,...

Melissa Rivera Are there any specific type of rehab loans to apply for?
5 August 2017 | 4 replies

Newbie! when you are looking at a home you want to rehab to fix and flip it. What kind of loan would you use? Are there specific types of rehabbing loans out there just for fix and flips? 

Account Closed Calculating basis on a Flip when 401(k) loans are involved?
21 May 2019 | 3 replies

I have a flip I am finishing up. My wife and I took out two 401(k) loans - $50k and $30k - to purchase and rehab it. Let's say the ARV is $120k. Would the basis be the ARV less the cost to purchase is ($50k) and the c...

Gray Bryan Selling your home tax free when you are single.
20 January 2020 | 8 replies

I am single and own a house free and clear and it's worth about $500k. Under current laws I can only exempt $250k from capital gains. I could get married and file jointly and the exemption would be $500k which is enou...

Tommy Sowell Cash out and improvement should equal out?
29 January 2016 | 6 replies

I'm doing a 1031 exchange from San Diego to Hawaii and I need a little cash to fix my new properties. If I take $5k  cash out of the exchange and spend $5k on improvement on new property would the $5k income from the ...

Antonio Sosa 50k for paying off collections? or Down payment on a Flip?
12 May 2023 | 16 replies

Hey guys im a newbie, and saving money to get into real estate flipping. I have a low 600's score and completing my second year of work history to qualify for a loan, i wanted to ask this comunity for some guidance. s...

Barbara Creter 38 acre ranch in Pinal county
11 January 2015 | 0 replies

I own 38 acre ranch in Pinal county, and lived there for six years. Now I want to move back there. I want to buy a double wide manufactured home  to put on the property,and put some needed improvements , I would like ...

Maleshia Gilcrease fha 203K or homestyle reno loan
5 September 2024 | 4 replies

Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...

Steve Graham Shout out to all the CPAs out there - mort deduction retroactive
26 October 2015 | 3 replies

I posted this last week.  I got one response but was hoping to corroborate.  I did a remodel on my house 1 year ago (cost 275k). Now I am doing a cash out refi (almost 400K). I believe I can take a mortgage interest d...