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Hi everybody. My name is Fred and I'm new to the site. After a month of searching I was able to find a forum for people like myself. I'm a real estate investor in Hollywood, FL. I utilize my real estate license in...
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Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
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I am under contract to purchase a new primary and using private money for 80% of the purchase price. I've been kicking around the idea of applying for a HELOC immediately after closing instead of waiting 6 months for...
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Hey guys! Looking for advice on how to structure an offer if we pursue a business opportunity. We've never done any creative financing or seller financing up to this point. This would be a real estate and business pur...
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75% LTV, NO SEASONING, CASHOUT REFINANCE, $ 10,000 IN DISCOUNT POINTS but 1% orig fee and $ 2000 underwriting fee. Maybe it is ,10 years interest only , 5 year ppp. I dont know.please
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Does the lender or the debtor initiate the 1099-INT in a family situation like this?
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I am in the process of moving to FL where I have 2 short term rentals. both with mortgages on and the new Primary will also have a mortgage. Is there a tax advantage if I do a cash out refinance of one of the rentals ...
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I just put a property under contract that I was going to flip. After looking at some info on cash out refinancing, I am now considering this as it would be a strong rental in a great area.My situation:This would be my...
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I'm pretty new at this and trying to decide which path to take forward. Just bought a home with 1031 trade, owe nothing on it, it's worth about 340-350k. Will rent out for 2150 a month. Also under contract for another...
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I BORROWED ALMOST 100K AT 12%...AM I CRAZY???How many would balk and walk? How many would tell me it is a BAD idea? How many would NEVER consider paying that? The fact is, it does NOT matter what you pay for money in ...