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Investment Info:
Single-family residence other investment.
Purchase price: $440,000
Cash invested: $40,000
Used as Airbnb / VRBO short term rental property. 3/2 cabin in the mountains on 2 acres.
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My question is, I have a mortgage and an Airbnb on the same property. It cost me $90,000 to build a ADU for the Airbnb. I want to save 100,000 per Scott’T's advice to start investing in rental properties. With $455,00...
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Investment Info:
Single-family residence buy & hold investment in Norfolk.
Purchase price: $130,000
Cash invested: $6,000
Acquisition: Subject To
Disposition Strategy: Rent. Home had a studio bui...
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Before I write a more detailed post on this individual, I wanted to get some info from the experienced guys here.Up until now, I have been doing my own taxes. I figured, why not hire a CPA and outsource some of that t...
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I want to buy my first rental property. I decided to call a CPA in the Washington DC area and he informed me that cannot claim the deductions on mortgage interest when you do a cash out refi. He also said that the m...
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Hi Everyone,I have a multi-family property , renting one unit and living in the other unit. I have a HELOC (50k) and want to leverage, but I'm not sure if I should use part of it as a down payment for another investme...
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I am buying two foreclosures (a SFH and a triplex). The intent is to
refinance them once I am done with the rehabs and I want to stay clear of the
seasoning restrictions often seen on conventional loans. I have been...
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Hey Kids,Starting my Due Diligence period for my first deal, owner occupied Triplex (two structures, Duplex & SFH on property) in Hunterdon County, NJ. Checking if anyone knows any of the below professionals that ...
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Can anyone recommend a mortgage lender in the Raleigh area that has experience working with a rehab loan. We are currently searching for <$400k home that we would then put ~$150k in to. This will be our main housin...
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Hello,
Currently in a single-family (150k left in mortgage) with current value of 500k. Thinking of selling and buying condo nearby for all cash 350-400k.
Then getting a new mortgage (50-75k down) for another 300k...