Does anyone deal with land deals here in Maryland. How can i assess the property for value. It has all the utilities ready to go and is ready for new construction. I need to know if land is assignable and what are the...
I have a rental property with the following situation:-$155K of passive carryover losses-$100K of depreciation taken-$700K adjusted cost basis (purchase price less depreciation)- $775K net sale (selling price less rea...
I've decided to give a try to buying a property using seller financing, in this case "subject 2" existing mortgage. Here is how the transaction is being structured.-The seller would first transfer the house into a new...
Hi everyone,I'm starting out in real estate and I'm going to create an LLC. I don't know a lot about entity structure yet - still in the learning phases, but would a lender finance a new LLC with no credit history for...
Hi Everyone – I’ve recently entered into a land trust with two partners to purchase and flip an SFR. Since the closing, two of us have decided to keep the property and buy out the third partner. Now that we plan to ...
I am a critical care nurse practitioner who understands the potential behind real estate. I've learned a lot from the first house I bought low and remodeled over 5 years and made a good profit from. From there I bough...
Naturally, real estate is a risk when it comes to flipping, renting, STR's, whatever. Minor risk, but investing is a risk. That being said, there are a lot of drawbacks when people are looking to get started. Me perso...
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Interested in getting started investing in 2-4 unit Multifamily properties in Rochester, NY. As a newbie please provide suggestions to find good turn-key properties? Please provide some financing strategies?Growth st...
I recently bought a row house in Baltimore, MD, in NE Highlandtown on a somewhat "lively" block (lots of through traffic, regular drug deals, but also kids and people just hanging out and music). The houses trashcan w...