Hey BP, Ive finally found a small multifamily here in the Hampton Roads area Virginia. It's a small duplex built in 1953 that is in very good shape. I plan utilizing my VA loan and owner occupying for the required yea...
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
Hello, everyone. I have my focus on a property that seems to be a great deal, but I don't know what a buyer could possibly do with it..so I don't know whether I should have my lawyer make a seller's contract to begin ...
Hello All,I am just about to purchase my first SFR or MF buy and hold long term. I have done some searching on this topic and haven't found much so that is why I ask. I would like to know what most of you would do in ...
Hi all...first year as a landlord and have a question regarding the taxes we are filing.
We have owned the now-rental home for 15-16 years, decided to move and rent out the old house. We have an accountant h...
Thought of this when speaking to a lot of investors both far and wide about their profit margins. I figured this would be the best way to explain 1000 words. What are your thoughts?
Hello, I have been trying to run numbers in Greater Seattle market and the CAP rate is barely 2%. What am I missing or is it that this market is way too expensive for buy and hold strategy. I have found a property on ...
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...
I am looking to purchase a multi-family home with 3 partners (we plan this to be the first of many). We are educating ourselves and raising capital at the moment.
My biggest question is what % down we should be expe...
Hello 1031 pros!I am preparing to move primary residences and at the same time, sell a rental property that's been in business use for about 10 years. I am seeking to 1031 out of the rental and into a 'mixed use' pro...