Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?

Theoretically let’s say someone or some entity is interested in an 18 unit for 500k. Three questions…They have a decent credit score, about 40k cash in the bank but not the 25% (125k) for a down payment. However, they...

Anyone know how to estimate taxes on new construction homes? I’m going to purchase a new construction home and I want to estimate the taxes. Anyone know how I can estimate what e tax bill will be? This will be in Sout...

I have the high bid on a $60K foreclosure property.  Scheduled to close in a couple weeks. My RE attorney turned up a weird thing during title search.  He has been doing RE searches for 40 years and said he has never ...

Hi,
I have a former tenant that would like to buy a house. Currently this person has almost no credit history. He has never had a credit card and has never had a loan. He had a couple of outstanding gas and electri...

I am trying to identify what should be considered good debt versus bad debt.  I gave my specific situation below and would appreciate thoughts and tips on my current situation and at what interest rate borrowing funds...

Hi Everyone, wanted to see if anyone can provide me with a little bit of information that isn't clear to me. With Hard-money loans there are a number of different types you can apply for with Hard Money Lenders. I was...

This post was inspired by a discussion born from the thread “Fund and Grow Financing” by @Justin Sheley. In contemplating the discussion, I found it worthy to start a separate thread examining what companies like Fund...

Ok I currently have an SFR that I just finished the rehab on. Now I have a couple of people that are interested in owner finance or rent to own i know nothing really about this aspect of real estate. In my mind I woul...

I hope someone can answer this for me in a way I understand it. We have a single family rental home we are selling in a 1031 exchange. Prior to listing we renovated the home. I asked our 1031 company how we should ...