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I have a question that I believe can be answered more easily than the way I am going about it.
In the case where someone takes out a loan and then decides to refinance at a lower interest rate later, I am trying to ...
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A little over 3 years ago, a friend of mine that new that I purchased mortgages, came to me and said that he had purchased a second mortgage with a face amount of $1,150,000 secured by 51 Town Homes in a nearby town. ...
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Just wanted to start a discussion here and see what others are thinking. I heard economists speculating recently that since the Fed is saying they will not raise interest rates for at least another year or two, that ...
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Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
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I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...
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I recently built a house and with the loan it was for 300K for 30 years . I have heard of you make one extra payment per year to principal it would cut down your loan to about 18 years. My question is does anyone know...
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I have this tenant (in GA) whose lease is expiring on Mar 31 of this year, but just got a notice from her that she will be moving out at the end of Feb and asked me to accept security deposit for March rent, whic...
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How does one handle getting multiple general contractor proposals on a property to be fixed and flipped, prior to making an offer to the seller. Will seller allow multiple walk throughs of the contractors?
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Greetings all!First off, first time posting in the forums and novice in REI......for now. Looking for some 'quick tips'Closing on my first property in nine days. I've been doing due diligence and then some and have v...
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I am looking for someone to give me an example where they traded real property for another (but not a DST). Let's do a deal deep dive. How much equity did you move over, why did you move it over, what is the new rat...