Travis Chaney
Getting financing for my second rental property
I currently own my personal house with no mortgage, and I recently bought my first investment property which is a 3/2 condo. The condo is already rented out with a one year lease. My questions is, how long will I have...
Jeri Artal
Funding to Buy/Rehab for an Airbnb property
Ok Experts, I need your help.We have a unique opportunity to purchase a downtown property that would make a perfect Airbnb location. Large property with between $10K and $15K MONTHLY income potential. We have severa...
Ray Keziah
Consulting or Service for buying and selling?
Hi all,
As real estate investors we go out and find motivated sellers and buyers. How should we talk to them without crossing the line between being a consultant and being an investor that is providing a service?
I ...
Joshua Davies
Commercial Loan Question
Hi All,I have a question on a commercial loan for a duplex that I have under contract in TN. My situation unfortunately disqualifies me for a conventional loan at the moment, as I only have 1 year of work history/tax ...
Account Closed
Primary Residence Question - It was and will be again - refi?
Here's my situation:
- Bought duplex in mid 2016. Lived there for one year on one side of house.
- Bought single family home as my primary residence in mid/late 2017. Lived there for 14 months.
- Moved back into du...
Robert Richardson
203k Loan process
I’m in California I’m looking for someone who knows about the 203k Loan process and can help me out
Cameron Riley
My mother bought a home to resell. Does she pay taxes on sale?
My mother owns a property and wants me to help her sell it and get paid for itWill she have to pay capital gains if she takes that money and re-invests it?She plans on making 50k and purring that 50k into a NEW barn..
Brett Whaley
Do I qualify as an Accredited Investor?
I have seen an individual needs $200k income for the past two years and reasonable expectation of doing so the following year to become an accredited investor. This jumps to $300k if investing with spouse.My wife is a...
Adam Gonzalez
2nd Home Loan With No 1st Home Loan?
Good Morning Everyone!I was wondering if anyone could provide an answer to my question. Can you be approved for a 2nd home loan if you do not currently have a mortgage on a 1st home, or, are not currently on a deed (a...
Adam Nonnenmacher
How Taxation Works on Owner Finance Flip with Note Sale
In 2019 I bought a house, and flipped with owner financing. Since flipping qualifies you as a "dealer", you cannot qualify for an installment sale which means I have to pay gains tax all at once even though I am takin...