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Hypothetical scenario.Property has 10k in income, but 15k in expenses (5k depreciation, 5k property tax, 5k mortgage interest). Other properties DO have net income.What happens?a) Losses are deducted from all combine...
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Hello Everyone!I want to know how soon can I apply for HELOC once I close my primary home. To give a scenario, I am buying a foreclosure property as my primary home with a price of $100k less than what it appraised fo...
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I have come across a unique property - 1890 colonial farmhouse that has a separate carriage house that has a 1 bedroom apt that is rentable. The house has been nicely kept but it needs new floors and definitely paint...
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Hello all! I am so excited that I am closing on my first multifamily on 2/10/21!! However, I am not sure how long I should wait (or if I should wait) to apply to purchase another property. Should I wait until this ...
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Hello: We need a funding company who can supply a real' POF letter for a range and/or an exact amount for a deal with RE agent that will ultimately get funded & assigned to another funder, any suggestions? Is i...
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Hey I’m just acquiring knowledge to know how to go about future investing using the house hacking method
Any constructive help is welcome!
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Like the title says...Does it apply to cash out refinancing as well as up front financing?
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Tried to be as self-explanatory with the title, as possible, given the character constraints....
I was considering using Section 1031 on an investment property, and then exchange with another investment property.
Bu...
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Hi All - new to investing wondering if I should open an LLC before I purchase my first investment property. Thanks!