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If using Hard money Loan, When you take the property conventional, what avenue do you pursue if you can't qualify due to debt to income?
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I found a 2 bed 1 bath house with a decent outside, gutted inside. House was built in 66 I believe. Has a 1 car garage. Its listed for 5k. I'm estimating around 35-40 ,to rehab. Potentially add 1 bed, 1 bath, update g...
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Hi all- going back and forth on a mixed-use property we have under contract.
Purchase Price: 365k
7- 1 bedroom apartments
2- Store Fronts (rented to same tenant)
Current Roll: $65,640 / year
Current Expenses:...
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I'm in procession of a tax sale property and have a potential renter. I'm in the process of creating a rental agreement lease. I'm under the understanding I need to include a "Out" clause in case the owner redeem th...
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My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not? any advice on paying mortgage off or faster
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Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
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I am selling a single family home in Bellevue, NE in which the tenants refused to allow showings, shorter notice showings, and lock boxes for the last 30 days of their lease. In the lease they're are stipulations ...
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Hello everyone,I just sold my primary residence and will be using some of the gains to invest in another single family property. I plan on using about 20K for a down payment (maybe slightly more). My credit is dece...
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I have the possibility for a loan from a private investor for my next investment home purchase. I haven't accepted private money before, nor has my potential investor loaned money for such an investment before. I need...
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As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita