At what point can you sell a multifamily building after buy, rehab, rent? Is there seasoning buyers require? Thanks!
I have a triplex under contract and have received the following finance option from my local bank. I have a longtime relationship with them and my credit is excellent. I’m going to pay cash initially because the tripl...
What’s up everyone! I’m looking into this duplex that previously burnt down and is now a new build. They were asking 500k for it, Now it’s down to 475k. I’m thinking of selling my house, (we’ll make a pretty good p...
Hi, i am looking to put an offer on the condo but i am alarmed after looking at the financials. It seems to be like the condo is heavily in debt and spending huge chunk of condo fees towards interest payment. Is this ...
Asking for a friend:"I'm getting a couple of contracts on Hotels. High cap and high cash flowing properties. Looking for the best possible LTV. Lenders who can close quickly. I want to build a long-term relationship.T...
I flip vacant land properties and by all means I am classified as a "real estate dealer". I notice in IRS Publication 537 that real estate dealers are forbidden from using the installment method and must realize all ...
Anyone here invested yet with Groundfloor? I'm thinking of trying it.
Recently closed on a townhome and my property could use a facelift. Unfortunately, I do not have enough cash to afford the rehab. What are my options with getting a loan (~$50K) to improve my property and then, hope...
Hi, I use Tenant Cloud for all my properties and accounting and have a question about how I should allocate payments towards a HELOC. I have a HELOC on one property and used that money to put a down payment and renova...
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...