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I would like to invite some advice about this situation. We renovated our rental of 10 years in October/November 2022. We have a closing date in March 2023. Also, our income tax bracket for capital gains in 2022 i...
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I have a three-unit (single family and detached garage with two units on one property) purchased with a 30-year fixed VA loan at 3.75%. I have a lot of equity in it that I was hoping to tap for some renovation expense...
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Looking at purchasing a property that's a normal sale, not distressed, and would like to include some renovation materials. Is there any way that can be arranged in the deal using allowances or some other way? I cou...
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I bought my house with a VA loan and didn't have to pay a down payment. Due to that, I completely forgot about down payments (oops). I read on one of the other posts that hard money loans typically ask for 10% down pa...
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We recently 1031'd a rental property for a rental property. After closing, we realized the new rental property is in much worse shape than we originally thought. Can we do a major renovation to the property and write ...
I'm looking to invest in a MF property in Richmond, VA and have 2 other JV investors I'm working with. For simplicity, we have $30,000 down and will buy a $100,000 property. Property is a Class B property and the go...
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Bought our first rental home in September 2014 and major renovations were complete in January 2015. House was placed "in service" in February 2015. Do we report on purchase and renovation expenses incurred in 2014 o...
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I am looking for some feedback on independent project manager pricing. I have extensive background with project management and have s great trade base and want to freelance as a PM. But not sure what a typical pricing...
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Hello, I would like help evaluating if I should keep my vacation rental after spending a fortune renovating, and advice on how I can get financing to buy out the co-owner. I'm brand new to formal real estate investin...
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Good morning! Would it be a good idea to pay for the downpayment on a house that’s less than $100,000 and let my lender cover all the other expenses since I paid for the downpayment and I don’t have to pay them back, ...