I'm acquiring about drawing a HELOC on my primary. 80 LTV would have me at about 50k after what's left from my first mortgage. I've just spoken to BofA who has a 7% rate, about 2.5 points above prime. Does that see...
Hey there everyone, I am excited about joining the BP community. I also am relatively new to RE investing with the endeavor of growing my own personal RE portfolio. Any sound advice feedback or direction from experi...
I am closing on a 2/1.5 condo in Destin Florida next week and closing has eaten up all my capital. I need to re-do the floors but that's it for a rehab and I'm doing the work myself, It will bring me in a net profit ...
Hello,
I'm from Toronto, ON (Canada) and I'm currently trying to understand what the tax implications would be if I were to invest in US multifamily (3-6 units) real estate. How will the capital gains and rental inco...
Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
Recently I’ve been turned on to the idea of real estate investing, i am looking for sound advice on getting started. This is all new and exciting to me so anything is helpful.
I've taken a leap of faith and am going to be investing into an area that I have never invested in before. I have a property under contract in the City of Philadelphia in the Francisville community. Property has lots ...
Can someone help me in With this problem? This sounds really gross but, I have a rat infestation!!! If anyone is familiar or has had similar problems, I would be grateful :)
There seems to be a severe rat infestatio...
I have been with a PM in North Carolina for 4 years. He got me sued a few months ago by making a mistake that caused the tenant to get a lawyer and sue me. The PM informed me that I needed to get a lawyer to defend my...
After months of coursework, tutorials and research, I am finally starting on this journey. I want to get involved in all aspects of real estate investing. So far, I am in the midst of purchasing a couple of mortgage...