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Something I’ve always wondered and don’t see much talk about is in regards to taking into account the expenses for Attorneys, CPAs, and others that would be in your “power” team. Shouldn’t this be included in the PITI...
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I have bought several properties in the past but my most recent was my first using a wholesaler. When I received the HUD 1 statement the seller side was completely blank so I have no idea whether or not the credit fo...
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I have 35 acres in Colorado that is free and clear. It is improved residential land that is ready to build with power and water at the property line. Are there lenders that will do cash out on land?
Hi all, I purchased my 1st home in February 2010. I lived there until December 2016, when I moved into a single family home. I sold the 1st home in May 2019. I lived in the 1st home for roughly 7 years prior to moving...
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My husband and I are looking to buy a multifamily unit using the equity from our single family property. The idea is to move into one of the units of the multifamily, rent out our single family property, and eventuall...
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To qualify as an accredited investor via income, how is that verified? My research tells me this is through prior year tax returns. I'm interested in real estate syndication investing at some point.This year, I am lik...
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Scenariowe own land with next to zero cost basis offer on table just shy of 3 million.3 partners... ( want to transfer to tenants in common i am thinking so we can then 1031) is this OK before we accept offer or can ...
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Hi Everyone,I own a condo in which I've built up a good amount of equity and I'm looking to sell it in order to buy something that cash flows better. So here's my question, if I bought the condo as an owner occupant ...
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- I am looking to sell my 2 houses, both myInvestment homes of over 4 years now. - when I sell them, I will have technically “ made” money. Bought for 20k 4 years ago. Selling for 80k each. - What taxes will I have to...
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Hello Everyone, I am new to the forum. I am also currently researching information on Tax sale purchases. I attended my first tax sale this year and purchased 1 piece of property valued at $50K for just over $200.00. ...