We are looking to acquire a Short-Term-Rental in AZ. From one of the lenders, we are seeing a favorable rate using ARM 7/6 IO-only (30yr amortization) option. If I am willing to make a periodical lump sum payment duri...
I have a 1031 exchange worth $212,000, all cash. I currently have a SFH under contract at $189,900, that will provide $824.00 of net profit per month, identified as a replacement property. I also identified an Inlan...
I know that you must live in a house for 2 out of 5 years to avoid capital gains tax, however, do you have to live in the house 2 out of every 5 years you own the property? For example, do you have to live in it for 4...
Bought property under LLC in full cash now I'm trying to refinance it gonna do the BRRRR process but talked with the mortgage broker they say they can't refinance under LLC Can someone please help what I can do don't ...
We have been looking at investment properties in Florida but the home insurance problem makes it a non-starter for me. Help me understand what the reality is:It sounds like so many insurers have left the state that ra...
Thanks to this forum I found NOLO's Landlord deduction guide and it has been a god send. It's answered pretty much every question I had and the examples are super helpful too. Great recommendation.
Anyways,...
Hi All!I am looking to close on my first deal in the next 2-3 months and could use some advice about how to continue to build my portfolio from there. Situation:*I don't qualify for a conventional mortgage because I'm...
We are searching lenders for our first property and are having to finance using our llc in order to protect my pension limits on earnings. My question is how do you account for future interest rate hikes down the ro...
We're putting a cash offer in on a property. It's a property that needs some work and we'll be living in it and then doing a cash out refinance to purchase another investment property. It has a septic system and has b...
I believe within three years the Dollar will have tied the all time record for the longest period of time a fiat currency has survived, until being replaced, or reset back to commodities.
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