So just wanted to get your thoughts, would you buy a property for $450k, pay cash or finance it? It’s a brand new property with yearly property taxes less than $1000. The rent you can get is $43k per year, paid upfro...
A elderly member of my extended family (Dad's step-father - I don't know him) has a Single Family home in Mesa, AZ. The house is probably worth in the neighborhood of $175-180k post rehab. The house is in very rough s...
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Hi,
I noticed that many commercial loans have a 5 or 10 year call; what happens when the loan is called? Do you just renegotiate a new rate for the loan with the current bank or do you have to go through entire proces...
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After sitting on the market longer than my co-flipper and I would have liked, we ended up renting our flip-and-sell single family in February of 2020. We had learned after it sat for too long that we'd made some mist...
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Happy Saturday to you!I thank you for reading this outreach and hope I may be able to assist you in some way in the future.(1) After I received a preliminary offer in late October, the lender had provided me a specifi...
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I am ideally looking for a multifamily home, but where I am moving to there are only 2 on realtor.com I might end up with a SFH. My question is in the description it says "The Denver Home Ownership Center has extended...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $144,500
Cash invested: $1,500
This was the first investment property I bought and so we were able to take a...
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I am considering partnering with a friend to purchase an investment
property and I was wondering what the consensus was on a fair
partnership structure. Here are the details:
1. The property is in
his backyard ...
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If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
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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...