What if you have significant assets but no longer work a job and have no current income? How could a person in this situation refinance cash out after renovating and renting the property?
Hello Guys & Gals,
I've followed the information on this great website for several years and find this website to be very educational and informative. I was recently approached with an opportunity and am hopeful...
Hi,This is a tax question about notes. I guess what I did is put money into a hedge fund that buys real estate notes. I invested using money in an LLC that is taxed as a partnership (form 1065). So far I have been ...
I have just acquired through 14 units (3 different properties with 3-5 units per). I am coming from another profession and while I have some experience in commercial real estate I am new to residential.I used a scree...
I already have 2 homes. A single and a duplex. I bought the single home with a traditional mortgage at the time because I didn't know about PML and HML yet. The duplex I paid for in cash.I'm looking to purchase anothe...
My elderly mother just turned over management of a 1 bd rental unit to my brother and I for day-to-day management. In the past the income has flowed directly to her (separate bank account) and she pays the income tax...
Hi all, I a new investor just learning the art and science of real estate investing. After reading all the discussions on various forums on BP, I want to set up an LLC and buy a single family rental unit for buy and h...
Closing with 10% down on a vacation home that we plan to use as STR. Any brilliant work around to avoid lender claiming Due on transfer clause so we can get it into an LLC? Not doing the 20% down so just trying to d...
I am ready to purchase a property but how accurate are the mortgage calculators on Zillow or Realtor.com? I am trying to align that with getting my rent numbers right which is also difficult. I will be doing a convent...
We are new investors looking targeting 3 long term rental properties this year. We currently have one LLC but are going to potentially apply for two more once we get up and running. We have about 60k capital that we a...