Khayla Williams
Getting a personal loan for my first investment property
Hi everyone! I'm looking to purchase my first investment property in the Columbus or Cleveland area.I don't have money for the down payment so would it be okay to get a personal loan? I want to do long-term rentals to...
Will Gaylord
Living in an apartment while investing
I am moving to Orlando, Fl from upstate New York in two weeks and would like to get into the market and try to find my first investment property when I get down there. I will be living in an apartment myself and I jus...
Joel Hunt
Hard money tax reporting
In 2022 I participated in a hard money loan and terms were for a year. I received a 1099nec in 2023 with the amount lended plus interest. How do I go about only reporting the interest earned instead of the entire amou...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
Jaylin Binnion
How much money do I save to start? How long should i study?
How much money should I have saved before entering real estate? Also how long should i study before hopping into whole sale real estate ? I’m 18 Working 6 days a week as of right now.
Alex Silang
How does self employed income look on mortgage application?
I'm guessing not good? Does 60k W2 income look a lot different than 60k 1099 income?I'd like to be eventually self employed, but real estate is my primary goal in life. I'm willing to stay at my job if banks hate self...
David Ptak
No income lender
I do not collect a w2 however I earn a significant amount of income each year through my two companies earnings/distributions. Does anyone know how I can qualify for refinancing on my personal residence. I have more t...
Lois S.
Calif SB 8, Tax on Services Bill
Sen. Robert M. Hertzberg (D-Van Nuys), introduced as SB 8 immediately after he was sworn in Dec. 1 According to the LA times, it would extend the state's sales & use tax to services. Healthcare and education serv...
Clinton Davis
Paid off rental property....now what?
I bought my 1st deal (single fam home) in 05 and it's now paid off free and clear...however, i only did one flip since then and decided i'd throw my money away buying a furniture store right before the housing bust in...
Paul Ortiz
Bitcoin
Just wandering if anyone had any thought on what Bitcoin will do for Real Estate Transactions.Or any digital currency for that matter.Thanks in Advance.