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We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
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Hi All,
I have an interesting deal here. My seller owns a historical 9 unit multi in New Haven CT by Yale which he has owned for 63 years. The time has come for him to consider his exit from the property. In the last...
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My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...
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My business partner @Duran Villegas and I have 3 small multi-family investment properties in Memphis, Tennessee, held under the name of our LLC that we would like to refinance. Two tri-plexes and one duplex. One of th...
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I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...
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Looked at a park in Wilkes county ,N.C. ( 9 units) very rough shape. current owner has let tenants live on the cheap if they take care of their own repairs. of course tjis has lead to deteriation of every home in the ...
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Hi BP, Any suggestions on how should Incorporate my real estate investment biz? I'm starting with wholesale and will transition to gov housing. Any LA recommendations, or should I LegalZoom? Thanks friends
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Hi all. So I currently am holding a single rental property and am planning on financing 2-3 more in the near future. This means I will hit the limit of 4, after which most banks will not issue more loans (even though ...
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Hello, I'm just starting out in real estate investing. I have plans to acquire 30 properties in the next 5 years. I'm looking to find a good way to finance the deals once the cash runs out. How do Portfolio Loans work...
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Hi everyone, I recently found what I think is a great deal. A 1.7 acre lot with a 8 bedroom 4 bath brick home, with an in law apartment which is included in the bed/bath count. The land also has 6 mobile homes that ar...