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Long story very VERY short-My husband and I are interested in purchasing a property for renovation. There is one current tenant who doesn't want to move. He is not rent controlled, is a sibling of the owner selling t...
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We are in the process of purchasing a property that is currently used as a vacation rental and listed on VRBO and Flipkey. The sellers have done well just listing the house on these sites. However, because I cannot as...
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Hello my name is Frank. I am as new to this as it gets. This is my very first post. I have a family of four and am a sole provider working full time. Wanting something better I read rich dad,poor dad like over night a...
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Does owner financing or private loans in general count toward DTI? I imagine the lenders will not know unless you tell them? Although I guess interest paid on the loan would show up as an expense on your Schedule E in...
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Hello! My husband's job is relocating to Alpharetta so we are looking at purchasing a home in the Atlanta area. We explored some areas and liked Martin's Landing in Roswell and certain neighborhoods in Atlanta like Ca...
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I work in the mortgage business and I've seen what it takes to get a mortgage done. I want to learn how much work goes into flipping a house. From finding the deal, building a budget, securing the financing (if it's n...
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Hello,I would like to move money from the stock market to real estate. I have $140,000 to invest in Savannah, Georgia. My initial plan was to build a portfolio of 4-5 single family rental properties; adding a new prop...
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I've passed my state license exam and am just waiting on the FL DBPR to process my license to make it available to hang my license (Likely by Monday). I've already decided to join eXp for quite a few reasons specific ...
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An investment group found a 140 unit apartment complex valued at about 8 million. They opened up the opportunity to be a KP to the public, however they are selective. As far as responsibilities, it seems that it all...
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IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...