Aaron Rosenberg
Rookie question: If cashflow is so great, why is it being sold?
I haven't made my first deal yet, but I found this AMAZING house. Okay it's an awful house, nearly 100 years old. But I can pay cash for it and it already has 100% occupancy. I'd have said cash back in 4 years...OK...
Michael Klinger
Strucuring a purchase that has notable cap-x needs
I am evaluating multi-family purchases for a 1031 exchange ( I sold my office and now planning to exchange into multi-family). There is a property that otherwise "looks good to me on paper" for a portion of my exchang...
Carla Carvalho
How to use new Studio City investment property?
Hello,I have invested before but Los Angeles is new to us. Somehow on our first trip we found ourselves a "highly motivated" Seller and a gorgeous SFR house in Studio City. Before I knew it, we were in contract. We h...
David T.
Here's an item from the Washington Post that will make you smile....
ENGLISH Mensa Invitational - for lexophilesThe Washington Post's Mensa Invitational once again invited readers to take any word from the dictionary, alter it by adding, subtracting, or changing one letter, and sup...
Ron Ahearn
Quit claim deed, First position lien holder
Being new at lending, I come across an interesting Opp.Client according to county records buys and owns a home worth 90,000, paid 35000 and has a 25000.00 homestead exemption, making taxes very cheap. He has no mortga...
Glenda Powers
YouTube Peaked My Curiosity
Hi, I became interested in this forum by watching YouTube, and am sticking my toe in the water so to speak. My currently house goal is centered around the partial renovation of a 1926 house. This is presently my pr...
J Reid
Avoiding City Wage Tax- High Income w/Duplex
Hey All,
I currently live in Delaware where I pay a modest amount of taxes. I own the property here and will be renting it out during the coming months.
The house in buying is a duplex in the Philadelphia, and I wa...
Jacob Mullins
Streamline/IRRRL Conversion Time Requirements
Hello, we are going to use a VA loan for a 330k duplex to owner occupy and rent the other half. However, the possibility exists that we may inherit (not from death, just very generous in laws) a single family home, an...
Nabeel Qureshi
Moving out, should I turn my primary residence into a rental?
3 BR/2.5 BA condo. The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios)...
Gary Hardwick
Looking for some Options
I'm in a bit of a conundrum. My wife and I purchased 10 acres in Rockford, MI back in January of 2021. We closed on a construction loan to build a 5000+ square foot barndominium. However, we picked the wrong contracto...