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Hello everyone. Last February I closed on my first rental property near New Castle, PA. Unfortunately, I was mobilized by the Navy for 15 months shortly after that, and never had a chance to get as far as finding a go...
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We’re just starting out investing in multifamily. Would it be crazy to assume that anything that could go wrong on our first deal, can be avoided if we recognize it? This may be anecdotal evidence, but what went wrong...
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Sounds like a silly question, but it seems like over the years, I am in a cycle or loop "inquiry & questioning", from potential borrowers/investors. As a professional, I am aware who is serious, and who is not, bu...
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Sorry if this is the wrong area for the post, I am new to the forum and it looked like the most appropriate place.I currently own a home and am looking to do a hack by building a garage with an apartment above it. Tot...
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I tried looking around to see if this question had been answered elsewhere, but I didn't see anything. First, here is the background. I am a new investor in Orlando, FL and I am currently renting a house. Consequently...
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I was reading comments about some crowdfunding site. Someone said they weren't attracted to a particular investment because it was a K-1 instead of a 1099. I was a little confused since a K-1 allows you to claim pap...
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Is it possible for me to purchase a property in my own name using an FHA 203(K) loan, renovate, live in for about 6 months, rent it out, and then move it into my llc? Is it that simple given particular loan terms and ...
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Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...
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I have a question on borrowing from ones 401k:
When I borrow say 50k from my 401k and pay it back do I lose my position I originally had in my investment? In other words say I owned 2000 shares XYZ fund at 24.00 per ...
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Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...