Ashly B.
What kind of furnace (and AC??) do I need?
Well now I'm diving in to the really noob questions. Our other investment property was 100% flipped 2 years before we purchased it so I'm questioning what areas are worth spending money and what aren't. First up is he...
Karin Crompton
Potential buyer has a USDA loan. What do I need to know?
Hey all,We received an offer on a property today in which the buyer is using a USDA loan, a product I'm not very familiar with (but will learn). To cut to the chase, is USDA similar to a VA loan in that the buyer is e...
Account Closed
Ductless Heating and AC
I had a heating and air conditioning talk to me about doing a ductless system in a 900 sqft house. Has anyone had any experience with these units?
Troy Walling
Finding rentals in expensive Eugene Oregon
I’m moving to Eugene Oregon next year around May for a job. I’m also interested in beginning my rental property journey there, but am afraid of high prices. Any advice for finding great deals or creative investment st...
Tech Cheng
Cares act distribution vs SDIRA
I’m looking to use retirement fund to invest. Heard about the Cares act distribution (if you’ve faced covid hardship-which I am)So wondering if it’s better to take the 401k funds out before end of 2020 (tax breaks) Vs...
Craig Carter
I won a HUD bid for a "203k eligible" condo - no FHA loan??!
The condo was advertised by HUD as IN (insured) and as "203k eligible".I won the bid, and now I have trouble finding a reliable lender who would originate an FHA loan.Every mortgage broker I spoke with so far told me ...
Erik E.
20% down for multi house hack
Hey everyone,I met a Wells Fargo home mortgage consultant at a meetup in Virginia. I told her I was interested in house hacking a 4-plex and using the first time home buyer benefits for that situation as well. She was...
Josh F.
Expensing vs. Depreciating Assets Under New Tax Law
I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time. I am further confused by the concep...
Ryan Taylor
Sub to...and the tax of...
Good morning fellow investors....So I am in the process of putting together a sub to deal...here Is the structure347k purchase price...147k owed @3.750...I'm assuming the 147k...borrowing the remaining 200k @ 3% from ...
Jason Malabute
investing 401k money
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.