Aaron Smith
Dual LLC’s, seller (self) financing, and becoming the bank
So I had an idea, I’m not sure if it’s even legal. I did make an honest attempt to look it up online and couldn’t find anything regarding information on it.
The objective behind the idea is becoming the bank. Capital...
Tim Joyce
Discount points on refi for (future) rental property?
If my intent is to convert our current home to rental when we upgrade and hold indefinitely (i.e., long past the break even date), is there any reason I wouldn’t want to consider purchasing discount points from the re...
Stanley Lo
ARMs adjusting soon
I have two mortgages that will adjust in March 2024 and one more in March of 2025.
I'm thinking of waiting until closer to the adjustment date to pull the trigger.
Option 1 - Full refinance cons-- expensive and high...
Lauren Rose
Chase bank owned REO
There is a Chase owned REO that was just listed a week ago that I am extremely interested in. We had 2 showings this past week and put an offer in today (it was the first day that they would take offers). Our realtor ...
William Hochstedler
Owner Occupant vs. Non-Owner Occupant Property Taxes on Residential Property
My in-laws inherited a property in West Virginia. In a soft market they decided to rent it instead of selling. When the taxman found out that it was a rental the property taxes almost doubled.What is the political c...
Jason Turgeon
Marijuana zoning in Mass?
Browsing the MLS, I've seen a few listings for commercial properties with verbage like this:"The property falls into the Medical Marijuana Overlay District for the City of Brockton!!" "zoning just approved for retail ...
Keith Cox
One business town vs small satellite town with only commuters
Hello. My market is much too hot to cash flow so I have been looking out of state in Ohio, Florida etc. I then realized that I have two markets near by that should meet the 1% rule.First is 45 min from town with 800 r...
Justin Barney
Multi family purchase-new investor
I wanted to put this post out to see how other investors got started and their thoughts on how to get started.
I'm looking at buying my second primary home and selling my previous home. This would give my family som...
Sergio Rodriguez
Another Newb from Bay Area, California
Hello Everyone.I missed the New Introductions when I started posting green questions. So I want to come back and start here.I currently am a part time employee at a Dry Cleaners and an Uber Driver in the Northern Peni...
Dan DiFilippo
Tax and Incentive in Construction
This is an exploration of theory here, not much to do with investing. But I would love your guys thoughts. Bear with me because it's a bit strange.I'm in Fayetteville, NC. Excellent investors' market, wild cash flo...