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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cedar Rapids.
Purchase price: $207,000
Cash invested: $1,000
4-plex purchased with a 2nd time VA loan while also keeping m...
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So I'm less than a week away from closing on my first deal. I had found a FSBO property on Zillow.com and I could tell the owner was very motivated to sell. In less than 20 days on the market the owner dropped the p...
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If we sell the two houses that we just rehabbed, put all the cash we get from that as a down payment on say 5 multifamily houses, would our taxable income be $0? How do we achieve that?
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Long story short , didn’t do my due diligence . Purchased not one but two properties from a foreclosure with no title search . Comes to find out each property has a mortgage. Combined with the price I paid through the...
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Trying to figure out a few things for a situation my girlfriend and I are in. It’s a great situation, but rather complicated and hoping for some guidance. We found an amazing 4 unit mixed use multi unit we want to liv...
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Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...
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I am looking to do my first deal in the next year to start my REI career. I am planning to purchase a single-family home to house hack for a year then move into a 2nd property while renting out the 1st. My questions s...
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Multifamily with a house and 11 rentals. House is VERY old but well built. Would need some cosmetic (paint, refinish floors, minor repairs/upgrades completed by me). It has been on the market for over 100 days. Rea...
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I'm looking to get involved with some Real Estate investing. I have some experienced friends who have offered to help me out, which makes me a little more comfortable with the magnitude of becoming a rental investor.I...
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I'm about 7 days away from closing on my first real estate deal and the thought occurred to me that instead of wasting time (and closing costs) dealing with a bank for the initial loan, I could simply use myself as th...