Mala S.
Seller flipped a switch on me and now I am confused
I am trying to get started in real estate investing and sent out a direct mail campaign last week in search of motivated sellers. My hope was to invest in at least one of these properties and potentially wholesale any...
Robert Kohnfelder
Confused by Tax Return - moved from owner/occupied Multi to SFH
Last year's online tax return (turbo tax) was fairly simple from what I recall, as I had no major confusion selecting that I lived in the property and also rented it out. This time around, I can't find a clear-cut cho...
Blake Sherrill
Rent main house and stay in guest house. Confusing questions?(TX)
I can't find much on this particular situation, so no one may really know. The wife and I have been heavily contemplating the idea of moving out of our house into my guest house on the property and renting the main ho...
Brian Udovich
Am i renting my home out at a loss? Depreciation confusion....
My wife and I "fell" into renting out our prior residence after we bought/moved to another home and a neighbor asked if we were interested in renting out or old one. We've since had the same “great” tenant for over 3...
Lem Diaz
A noob's confusion on the elements of a complex (wholesale) deal
Okay...so I'm on the hunt for my first deal. Luckily I have a good friend who is a loan agent + real estate agent + an all around smart dude to help me get educated. I lean on him, but sometimes it feels like he's s...
Jonathan Ranes
Im a little confused about the brrr strategy, about the refinance
The brrr strategy sounds great, but according to Fannie Mai don't you need to have the property seasoned for at least six months before you can pay yourself or a hard money lender back through a refinance?
Jose Garcia
FIRST BRRRR has me a bit confused someone please help ?! thanks !
so I'm trying to acquire my first brrrr deal and when I plug the numbers into the brrrr calculator it shows a negative cashflow on the refinance part and only a 6% ROI during the first loan.(hard money loan) im not su...
Alex Schar
USDA Loan Confusion 16 Unit Rural Senior living home Need Help
I'm trying to purchase a 16 unit senior home that is currently enrolled into the USDA Rural development program. All of the lenders I have spoken to say they can only lend on a 1-4 unit property. Who do I need to talk...
Daniel Miller
Dad had Living Trust, I am trustee, he died, I'm confused...
So I've already gotten one surprise in this adventure... I discovered that dad's Living Trust becomes an irrevocable trust upon his death. I've already gotten an EIN for the trust, but I'm really unclear on how I do ...
Johnny Duke
[Calc Review] I ran a test, and now I am confused.
I ran some very simple numbers as a test to get acquainted with the fix-and-flip calculator. I seem to be messing up on the loan section. I have it at 100% LTV ($200,000) at 12% and amortized for 1 year. The result is...