William Stinson
Borrowed funds secured by asset for down payment
Hello Everyone,
I am looking to purchase my first investment property (either a SFR or condo) in the Richmond area to utilize as a short or long term rental. I currently do not have quite enough funds to cover the 20...
Mark Jones
Trying to understand the core strategy
Hi,I understand the appeal of a core investment is that it has less risk but where is the money being made? To get back the capital investment just from cash flow can take a very long time and if there isn't a value a...
Laura Romaniello
Timeframe to move in to a house hack on an FHA loan
When house hacking with an FHA loan, is there a certain timeframe that the FHA dictates you to be moved into your property within after making the purchase? Say I purchase a duplex with an FHA loan and plan to occupy ...
Sam Epperson
Do I have a JV or a syndication?
Have 1 business partner who will handle investor relations. We are buying small multifamily deals near me, which I will be the Asset Mgr of. My partner has connections with 5-6 investors who would supply the down paym...
Paul Breitenstine
Possible to use FHA first home buyer loan for investment home?
I am a first time home buyer living in New Jersey. Ive heard of people using a strategy and was curious if anyone had experience doing so. If possible without getting jammed up by the housing authority, I wanted to pu...
Rob Witt
Wholesale Deal or no deal?
I have found a 4 bed/ 2.5 bath from a "For sale by owner". The property has a walk out basement, Generator, option for first floor laundry and the HVAC and Water heater are about ten years old (house is about 45 Years...
Donald M.
Securing Window A/C units - liability
As my unit does not have central A/C (which is very common in the Boston area, properties built long before A/C existed and very difficult to install based on some of the structures), I am going to allow for tenants t...
Account Closed
Form 1098 for private lenders. Reporting MUSTS
Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...
Tim Jacobs
If you were renting?
If you were renting a property, say 1-3 years, what would be the limitations of the inquiries you could pose or red flags that would concern you?For example:Online ratings of a PM company? Do the reviews of a few trul...
Maria Jeanette
Renter Profile - Assisted housing program - good or red flags?
We have 2 potential renters for our property. Has anyone had a renter on an assisted housing program? What are your thoughts on these types of tenants? Good or if there any red flags? Appreciate your thoughts?