Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Essentially, the previous owner has passed on, His family is in a distressed financial situation. The previous owner passed without a will or trust, so the property is intestate.
The family couldn't afford a probate ...
I've had my first rental for over a year right now. I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase. A couple questions:1) How long do I ha...
I have known a guy who would buy SFR and hold them for few years then sell them for profit. And did really well. So he would tell me that no matter what market is doing find a good deal and get it. He never really spe...
Hi everyone,I'm new to real estate investing. I would like to invest out-of-state on small multifamily properties. The issue is that I think I might have a high DTI due to my student loans. I don't really have any cas...
Attention: Beware of Non-Bank Fintech Apps
I hope this message finds you well. I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse. Currentl...
I am looking for recommendations for a good accountant/tax advisory who's knowledgeable in real estate. I need to analyze my financial situation to see when is better to pay capital gain taxes on our rental property w...
I am new to the rental property industry. Currently, we are doing the BRRR strategy. However, I am interested in doing seller financing on some deals. Example would be, bank carries 80 percent, seller carries 20 perce...
I self manage my properties. I prefer $300 and up for net cash flow per month. I'm looking at a duplex that net cash flows at $160 a month. I think that is low. Just wondering what your minimum net cash flow per mont...
I have a need for increased cash flow, but I know that I can't benefit from the investments that my IRA makes. I need some creative ideas on how to generate income outside of the IRA by using the IRA funds.
Creati...