So I am getting closer to jump in with my first investment. I have cash ready to go but I also have the option to pull out a significant amount of equity from my primary residence by using a HELOC. My question, is i...
Hello,I’m looking to have cost segregation done on a valuable single family rental property.The price we paid for it less than the land is just over $500k which is the limit for some software.I’ve gotten estimates for...
Hello everyone,I am new to the real estate realm and looking for advice. My goal is to start my real estate journey with house hacking. I currently work in health care profession so i plan to do mid term rental to nur...
Hey guysWe do have rentals and we are rehabbing one to sell. So my question is where should we put that money now from the sale?We were looking at possibly trying our luck and flipping land near where we currently liv...
Hey all, we're looking to sell our home in the Twin Cities Minnesota. We're in a really good area. Looking at listing for the $430-450k range. We owe about $304k & are in probably year 2 of a 30-year loan at 3.12...
Hi all,I’m working on an offer for a package of 4 properties, a 4-plex, duplex, and 2 SFR. The seller is hesitant because the duplex and one of the single families will be short term capital gains and he isn’t wanting...
My good friend went through a messy divorce which hit him hard financially. He wants to get back on the property ladder and we have talked about me putting in 50% of the deposit needed to purchase a house. He has a go...
Hello, have a basic question. My rental property is under LLC and is under contract. Can the sales proceed be deposited into my personal account vs LLC checking account? The rational is use the proceed to purchase ano...
I am thinking of investing in a CA company that buys bulk foreclosures by pooling investors money. They rent out all the properties for 5-8 years then sell it. This is new to me so if anyone has any ideas on things ...
Hey everybodyI am wanting to know what role does your 401k play when it comes to investing. Do you use it as reserves when getting a loan? Do you still contribute to it?What benefits does it give when buying rentals? ...