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Hello,I finally finished up renovations and I have an interested family for my 2 BR/1 BA apartment. The interested family is a couple (not married) w/ 2 children and 2 dogs. The only one applying and asking to be on t...
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Hi All,
Looking for advice on the next steps regarding loans. We maxed out at 10 personal loans, with one title that is free and clear. Will anyone give an 11th personal loan? Do we need to switch to commercial loans...
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Hi BP members,I am a newbie, aspiring investor in RE. Here's my situation:I own my residential house, located in Laval (Quebec), appraised at 350K, and still 50K left of mortgage to pay. With the current reimbursement...
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We own a 3/1 in Akron Ohio, my mom's former primary residence. It's paid off. Worth about 85-90K with a little updating. Could rent for $800-900. Looking to generate cashflow through rental properties to help offset ...
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Just curious if the loan product used impacts how one files taxes? Example, if we use a 10% down second home loan but are planning to use the home as a STR, does IRS know or care how it was financed or just how we re...
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I have two quads on a block, cul-de-sac, that has 13 quads, and to my knowledge a total of 12 owners. This poses a few problems: 1) we always seem to be competing with one another. 2) There is no standard of care bet...
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My wife and I are planning to set up a SD-401(k). With all of the changes in both the CARES act and with Covid I have some questions about getting a loan from the plan for primary residence.We are planning on purchas...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $405,000
3/2 single family home with a 1/1 accessory apartment
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Has anyone had to deal with an issue like this in their rentals? If so were the costs associated with the invasion passed along to the tenant or did you just claim against the Home owners insurance policy? Any comment...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $10,000
Sale price: $160,000
large corner lot, 3 bed, 2 bath, 2 car, very well maintai...