Thomas Pellegrino
First Time Investing- Effects on DTI
Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...
Ben Leybovich
Wholesalers are maddening - Be smart, people!
So - I've been in Phoenix MSA for about 7 months now. I feel like I have a grasp on the market. My wife, @Patrisha Leybovich is an agent with Keller here, and she is pretty sharp.Wholesalers are absolutely ridiculous ...
Namal Burman
How to reduce Real Estate Income from rentals for Tax Purpose?
I have two rentals along with primary residence in San Diego,CA. Now the rental income is increasing my tax burden as an income. Any strategies i can use to reduce this rental income and building more assets on the wa...
Sean Zhang
Advice needed! Can't access my equity.
Hi I would like to access my primary home's equity to purchase investment property. I can't provide income docs, DTI is also not going to work in traditional way. What option do I have? Thanks
Victor Yoo
My first potential rental property. Seller has accepted offer but now I'm not sure whether to move forward. DC Metro Area, NoVA
My in laws have tasked me and my wife to find them a suitable rental property. They have given us around 100k and I've been trying to wrap my head around utilizing this money in the best way possible. We live in North...
Brandon Turner
Capital Improvements Included in an Appraisal?
Hey all - I'm getting an appraisal done on my apartment complex this week and I'm wondering if anyone knows: Will an appraiser include the "CapEx" in the valuation? Like, I spent $25,000 replacing the siding on part o...
Account Closed
Review this short sale deal (overview)
House is 3/2/2 in a high demand school district. Ive got it under contract and have started the owners doing short sale paperwork
needs minor repairs including fence and sprinkler system, carpet and paint.
Seller on...
Mark Hawthorne
A Friend in need, can I help and make a buck or two ?
HI their, and let me say first, Im new and most of my "Post reading " has been on Wholesailing.
This just came to my attention last night.
Long story short.
My friend was selling homes for an upscale addition ( no...
Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Jim K.
When someone asks you to add 48 + 27, what happens in your head?
I'm really curious to see how other DIY investors and landlords answer this mental addition question versus the general population.