Usman Gohar
203k limited loan - Home Depot as Contractor?
Hello, I’m looking for a licensed contractor to help me with improvements for a 203k limited loan that I just opened escrow with. Most contractors on Angie’s list are charging way too much. Home Depot has better rates...
David Gauthier
Refi
I have a rental property with a $1013 mort. payment. It includes ins and taxes.I rent the property for $1050. I owe 114K on the 145K mortgage.If I refi I can drop the mortgage to under $800 month. It seems like a g...
Kate C.
What scenarios lead to a loss- tax benefit
Hello- I have been reading for years about the benefit of being able to deduct $25K in losses from rental properties (and more if you are a real estate professional). The mystery to me- is how do average people get to...
Nick Barber
Buy SFR, primary residence for 1yr, then Rent
I'm looking to buy my first single-family home in Bryan/College Station in a non-HOA area. The plan is to live in this property for 1-2 years as my primary residence, potentially up to 3+. There's a high chance I move...
Skye Penland
Two complicated questions...
Hello Fellow Investors,
So my wife and I own three properties. Two are LTR and one STR. Our STR is in downtown Dallas and is preforming very well. One of our LTR is in Plano Texas and cash flows $250 a month. Here i...
Account Closed
Reducing capital requirements - reduce construction expenses
Sounds counter intuitive, but how can you keep your seed capital requirements low through efficiency improvement/scale? What do you feel is the best way to keep your construction or remodeling costs down when you are ...
Bryan Korf
Property in low income area
I need some ideas that I can use to utilize property to either sell or improve the land. This property was purchased 10 years ago in a low income area of Southeast Kansas. Nothing has been done with the land and pro...
Gregg Hutton
401k Down payment with bad credit
hello fellow investors,
my wife and I need to move out of our first property in northern VA to a much bigger home for our growing family. I have 8300 to put down thru my 401k but our credit is bad. is there anyway to...
Terry M.
Double Wide on family farm land vs renting in town
Hi folks,My wife and I are moving to the Katy area later this year to be closer to family. We were thinking to rent for the first year or two rather than buy a primary residence; to make sure we like it and to keep dr...
Dilip Rangan
Strategies to use Home Equity to buy an investment property
Folks,Newbee here. I bought my primary home last July. Between then and now, the home value has appreciated by about $300K. I am looking to use this $300K equity to buy another rental property.From my limited knowledg...