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I had question about the mortgage interest deduction on my primary home. I understand that I can deduct mortgage interest up to $750k on my personal residence. Let's say my 1st mortgage balance is $600k and I want to ...
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A non-profit organization that donates to projects with the goal of building net worth for individuals, investors, and corporations is taking an unconventional and philanthropic approach. This model suggests a commitm...
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Hi, I am working on my first property and have a conventional loan, which means my current LLC cannot "own" the asset, which I'm assuming eliminates protection the LLC would provide.I've seen other threads from years ...
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Hello, 1 year ago I bought a property in Paterson, NJ for 187,500 ( I got a deal). I strongly believe I can sell the house for 250,000. I am currently collecting 1,250 monthly rent from 2 units each which leaves me ...
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Have you found that racking up posts is helping your business? What networking benefits if any or deals have you found by being out there more?
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Here is my issue: I have money in my IRA, but I want to be able to invest and utilize the cash flow generated now. I believe if I self direct my IRA to invest in real estate all the profits have to go back into the IR...
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Hello!I am hoping to use a 203k loan product, preferably in Tuscon AZ, and I'm trying to think of ways to make my offer more competitive so that seller's agents might consider it. Do you have any recommendations when ...
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Any help on life insurance advice. I got whole life insurance and some agent knocked on my door selling term insurance . Can anybody have insights to the matter
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My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
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I'm currently studying "subject to" financing. I understand that as the buyer, the benefit is taking over the seller's mortgage payments which may be more favorable thank taking on a PITI in the current market.What I ...