Lisa Dreher
Private money lender - confused about the logistics
I have a family member who wants to invest in my next property. But as we’re getting closer to making this happen, I realize you can only gift a person $15,000/year without tax consequences. If they want to invest mor...
Bienes Raices
Confused about foreclosure "freezes" by BofA, etc.
I was under the impression that the "freeze" by numerous large banks would affect preforeclosures, delaying them from going to auction until the paperwork is re-checked. But then I heard on news radio that would-be ow...
Account Closed
Insurance confusion first multi as a rental
I am in contract for my first rental and plan to rent all the units out. I am having trouble finding a responable quote, and also on what exactly I need as far as coverage goes. I had a quote from 21st century for 10...
DeAndre Wheeler
Confusing question about BRRRR and cash purchases
I have a financing question concerning BRRR. Can you buy a house using all cash and THEN go to the bank and get a mortgage to complete the BRRR? Or do you need to finance a house upfront in order to be able to refinan...
Crencenthia F Brown
Confuse.. they say asked the right questions.
Hello, I hope someone can help me?? Being new all I hear is.. make sure you ask the right questions and be more specific with your questions..Ok so how being new, not know nothing about real estate. How do I know the ...
Kevin Scherba
Confused on bidding on VA owned property
I am interested in this property that is foreclosed on by the VA. Original list price was $549,900 the price dropped to $522,500 and again to $495,000. Both price drops are approximately 5% of the original list pric...
DeAndre Wheeler
Confusing question concerning BRRRR and cash purchases
I have a financing question concerning BRRR. Can you buy a house using all cash and THEN go to the bank and get a mortgage to complete the BRRR? Or do you need to finance a house upfront in order to be able to refinan...
April Causapin
Confused first time rental property (duplex) buyer.
Found a duplex with two (1 bedroom, 1bath) BUILT IN 1929. Currently has tenants paying $1000 each. Need to update to increase rent to possibly 1200- 1600 (on the high end). I’m alloting 10k each unit. Each unit is 580...
Tom V.
LLC, rental property, taxes, argh! very confused....
Hi guys. Found the forum through google, seems like a place I can learn from.
I've been reading this forum forever, and find myself more confused than when I started. Ugh.
Anyway, I need help on understanding taxes re...
Jimmy Lieu
Confused about cash out refi interest rate?
Hi,Quick question about cash out refis...Let's say I purchased a SFH in 2015 when interest rates were 6%. Now, I want to do a cash out refi at this moment when interest rates are 4%.When I do the cash out refi, do I k...