So I've been searching around the forums here for about a year now and saving up to be able to purchase my first rental property. I believe I may be ready to start looking at buying something but I'm not so sure where...
Subto has entry fees. I would like to use private lenders to cover these fees so I can scale higher. I know they can enter second lien position. However, how would it be structured? Would I pay the lender off over tim...
I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...
There are a lots of 2-4 unit properties that are for sale in my area that are not zoned as multi-unit dwellings. Should I let that fact stop me from making a purchase? My real state agents seems to frown on purchasing...
Anyone have experience adding a unit to a legal multi unit in Allegheny County? For example, if I were to add another unit to a legal triplex, by converting a basement into another unit, or adding an apartment over a ...
I was set up with a lender by my new realtor. He talked like buying an investment property was difficult with no money. He didn't seem to grasp what I needed & because I mentioned seeing an ad saying it was eligib...
I am trying to locate the note holder for the first mortgage of a property being serviced by Caliber Home Loan, formerly Vericrest Financial. The property is located in Brooklyn NY. Can anyone offer help on this? T...
Hi all;
I have read some good posts on forming LLC's here. Just some more queries. I live in OH. Anyone used John Hyre's or Darius Barazandeh's course form forming a LLC? I have heard mixed things about Legal zo...
Hi everyone,
Found a deal where an out of state seller wants to sell 5 properties for $160k.
They are tenant occupied, but I don't have a rent role yet except one.
The cash flow however is approximately $3,215 (that...
I'm looking at purchasing 70 condos in a community with 120 condos. This would be accomplished through owner financing. I'm worried about refinancing the deal. Has anyone ever dealt with this issue?Also, all of the un...