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So i'm wondering how do I calculate insurance premiums for tax purposes?Lets say my coverage starts June 15th 2017 to 2018 and its $400, and my next premium is from June 16th 2018 to 2019 for $500. If i'm looking to ...
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Hello, my name is Lai: I'm a 20 year old motivated to achieve Financial Freedom for me and my family.I've been doing some research and came up with this plan.I will list out all my asset and liabilities that way you c...
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Hello,Hopefully so me of the experienced BP members can help me.Scenario: buy house for owner occupy. Inspection report indicates major deferred maintenance issues. Sellers motivated, not much equity, and not short s...
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Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
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I have a property I am getting financing on, and I just got the loan commitment but with a few contingencies.One of the contingencies is for me to submit proof that I own two other income producing properties free and...
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As a beginner, I successfully completed my first cash refi on a paid-off 2bed/1bath condo rental property in Cincinnati, OH. In other words, I got a lump sum cash in return for lower yearly cash flow on a rental prope...
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Ladies and gentleman, I believe I have stumbled across an awesome strategy. Its not magic, its not a miracle. But it seems like an incredible short medium and long term play.
Before I begin there are alot of very s...
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My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
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I'm scheduled to close on a REO SFR that I'm planning to remodel and rent out. I called my insurance agent to arrange for home owners insurance and a few days later he informed me that State Farm looked at pictures of...
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Hi;
I am buying a property for 495K all cash and I fell like I am getting charge more than what supposed to be. I thought cash buyers only have to pay escrow fees and a binder fee instead I'm being charged $3,125 in ...