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I'm looking for some direction in determining loan type.
I've only used local banks for my smaller multis. This year I plan to purchase a multi for $1 million or more (which i believe is the minimum for fannie mae/f...
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Hello everyone! It's been a while since I've really posted, but I am still here! Here's an interesting subject that I'd like to discuss. Please keep in mind, let's keep the logical side of things and not the emotional...
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Need some help and advice from anyone who might have faced a similar situation:
We came to the day of closing and got notified from the escrow office that the city had placed a lien on the title due to an inspection i...
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Hi,
Investor here who brought a Southampton, NY property that requires extensive repairs. Purchased hoping to BRRR into a short term rental. Purchased the property in August for $1.895M with 21% down and did a DSCR ...
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This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
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I started another thread about this, but now it's taken a new twist.
I had three roommates living together paying $850/mo. (total). One of the roommates moved out with little notice in mid October.
I was prepared f...
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Hi everyone,My partner and I bought our first property last year under an LLC. We deferred our tax filing this year (both LLC and personal) because we weren’t ready in time, and are using a new accountant.We just rece...
Looking for some opinions here, particularly from some FIRE people.Background: I'm 23, a year out of college, earn ~60k in the military and carry almost no college debt. I've been maxing my roth IRA for the last three...
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I would want to buy decent-good apartment buildings, nothing that will be a complete headache to manage. In my area you can find buildings like this at a 1.4% or 1.5 % return on the total investment fairly regularly....
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Hey everyone, I recently was approached by a potential tenant about using section 8 vouchers to cover the rent. I'm not opposed to this strategy however, after looking into NC section 8 state rules/regulations, I have...