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Just finished writing out our business plan. Please take a look and let me know what you think. Missing anything? Any suggestions? This plan will be sent to prospective Equity Partners within the next week, any input...
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My friend loaned someone money for a real estate deal. The person does pay her back and she did report the interest income. But she wanted to know if she can deduct the principal amount that she paid to the person o...
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I have a close friend of the family who's paying a mortgage on a two family flat. They live in one flat and the other is empty. Has been for almost a year. They're not interested in REI and they're not in a spot to fi...
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Hello I am looking to refinance a rental property in Las Vegas, NV. What is the current rate for 20 or 30 years fixed? Any recommendation for a mortgage broker?
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Hi, we are looking to purchase a small multi-family residence in Houston, TX. Does anyone have any recommendations on a private lender they've used before? Investor-friendly lenders with low minimum mortgage amounts, ...
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Can someone please give me a rough estimate of what interest rate I should expect to pay for a 16-unit apartment complex? I would prefer a 30 year fixed loan, but I'm not sure what is typical for commercial. I have 79...
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I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
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Hi everyone,So I've seen a few threads on this, but I know the market is always changing, so I just want to make sure I haven't missed anything. We have a property under contract (2/1 SFR & a duplex w/ a 2/1 &...
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I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
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I'm in the Canad]ian market and just want some clarification. Is the amount that you pull out on a cash-out refi, actually the forced ARV 'cash' or am I paying taxes and or interest on that cash amount based on the ne...