Jared H.
Different score models used for joint mortgage application?
I'm applying for a second mortgage with my wife as a primary residence with a direct lender. I remember on our first mortgage (using a broker), our credit score report was given back showing the same credit score mode...
Christina Rodrigues
NO CASH FLOW IS SAN DIEGO
I RAN THE NUMBER FOR A DUPLEX IN SAN DIEGO AND OF COURSE IT DOES NOT CASH FLOW, WHEN IT DOES NOT CASH FLOW DO YOU GUYS PURCHASE FOR APPRECIATION? DO YOU WAIT FOR THE MARKET TO GO DOWN? I WANT TO INVEST BUT THINK I MIS...
Jorge Lopez
Cash flow market VS not cash flow market but appreciation
North Florida Pensacola Cash flow not appreciation vs Miami negative cash flow but appreciation ? I know both market very well hard to determined what is best !! What is your experience with this 2 markets ?
Alex Bradley
Creative financing for first deal
Okay so I want to buy a multi family place in my area (San Diego) but prices are crazy high for my current budget. I have an idea for a potential way to pay for the down payment but I have no idea if it makes sense or...
Steven Steele
Should I resign and roll my $50k 401k to solo 401k
Good afternoon, everyone!I'm looking for some advice.I was furloughed on March 8th and "temporarily" laid off May 31st. The initial furlough caused me to go back to school to finish my BS which I am about 1.5 years aw...
Ryan Rubel
Noobie Number Questions
1. If I want to purchase a house for $100k as an investment property to be rented out, and I have the cash to buy it outright, is it not the best idea to purchase it outright? My other option is to put 20% down and g...
Dean D.
Is now a good time to buy a first primary residence - or wait?
Hi everyone, My partner and I currently rent and pay ~$1,400 a month. We are in the position to be able to make our first purchase, aiming for the mortgage to be roughly the same as our current rental total. Does it m...
Martin Fields
Picking a market for my first deal
Looking to buy my first deal, most likely a single family turn key property with positive cash flow. I live in Washington D.C. and considering Baltimore and Philadelphia as target markets. What are the key indicators ...
Tony Thomas
Should I start a property management company?
We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.Would there be any tax advantages to starting our own property management...
Davido Davido
Unusual Tax Question Is this money for nothing? Is it Tax Free?
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...