Grant Rambo
How to calculate Cash on Cash when primary becomes rental
I converted my primary home into a rental property. I am wondering how do I calculate the cash on cash return? I made an initial down payment several years ago so would that be included?Or would it just be the monthl...
Jess Azong
Tax question on refinance and need a CPA
Hello! So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us and we will be getting funds from this refinance for reno...
Justin Moy
The Math Behind Replacing Your W2 Income With Passive Income
There are lots of ways you get returns as a real estate investor, but to replace your active income you’re generally going to focus on your cash on cash return - or the amount of money you receive every year from ca...
Akshay Wattal
What are some alternatives to maximize the LTV ratio after a cash purchase?
Hi folks,
What are some alternatives to maximize the LTV ratio after a cash purchase? For instance, if you buy a home for $120,000 in cash, one option is delayed financing, where you can obtain a conventional mortgag...
Bradi Gross
Auction Property With A Federal Tax Lien
My husband and I are considering purchasing a home at auction that has a large federal tax lien on it. Can someone explain further the details of the 120 redemption period the IRS has? I was also recommended to get a ...
Tracy Humphreys
Have you all ever heard of this...
A friend is doing some REI in Pittburgh PA.
She said she found a guy who has these "penny foreclosures" where he sells them to her for anywhere from 13,000 to 21,000. Since she doesn't have cash to pay for them, he ...
Ryan Thomson
How to Negotiate and Use Seller Concessions
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
Steven Silbert
Should I BRRRR with the interest rate I landed?
Could use some advice!I closed on my second home in December 2020 and managed to land a 2.25% 30 year fixed interest rate. The house:Purchase: 410,000OOwed: 320,000Location: Columbia, MDBuilt in 1976 with 2020 ssqft5 ...
Juan Rubio
How can I raise the ROI of a property?
I'm analyzing a deal and I'm getting good cash flow, but not so good cash-on-cash ROI, what or how can I do to raise the ROI? Thanks!!
Michael Dunn
No-Seasoning Cashout-refi .... Confused
There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...