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Hi RE gurus,I've finally mustered up some courage and decided to get into RE investing. In prep for that: I have about 50% equity in my home (value 2Mil+) - and I have the following cash-out refi options for the remai...
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We have owned and lived in our permanent residence for 4 years but plan to move out and turn it into a vacation rental for 6 months. Is 6 months long enough before selling to qualify for a 1031?
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I want to rent my townhouse. Located in Delray Beach Florida. Located in a waterfront community. The property is not waterfront. But docks are available to over 60'in length. The property is also 2000 ft.² not inc...
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I have called around, a mortgage buddy in the state the property is in said no, along with others. Currently at 6.5% interest with 85k remaining market value is 180k. Rent at 1495 and mortgage with taxes/ins about 13...
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Hello,I recently was in a webinar about syndications and they emphasized how important it is to only wire funds in a syndication deal after the countersigned legal paperwork has been returned to you. They specifically...
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Should I buy points to lower my interest rate if I plan on using the BRRRR method?
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Hi, First post here. :)
First time home buyer in California, seller is willing to credit back $10K on a million dollar sale price. What's the pros and con on price reduction vs. closing credit? I received a lot of mi...
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I have a very good interest rates on my truck and home. 1.99/2.5. I have considered paying those down to "free up" cash long term, but I'm also considering the facts that my loans, especially on the truck, are nearly...
Greetings to all! My name is Levi and I'm an active duty Marine Officer. I am headed to Twentynine Palms, CA for a three year post and intend to purchase my first home. I'm not sure what my long term plans are for it ...
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We bought a home 10 years ago for $370K and now it's worth $750K. I just refinanced with a cash out so my loan is for $300K @2.75% with $200k cash. We decided we are moving in the summer and plan to use the $200k as d...