James Landsford
Transferring Lower End Rentals to New LLC? Worth it
I have a few rentals on the lower end of the spectrum that to me, have more of a liability issue. Right now, they are under my main LLC with a lot of my more high end property. Would it be worth it to create a new LLC...
Josh Joly
Retracting offer to make lower offer after more info
I recently put in an offer on a triplex that hadn't been accepted yet. We just received additional info. The seller inherited the house from his parents and can't afford it. It needs a roof and new electrical box. So ...
Elad Messing
HELOC for investing-limit lower than expected. Continue looking ?
Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...
Vasundhara Ranjani
Multifamily Building Financing w/ Low(er) Down Payment Options?
I'm currently doing some due diligence on a large(r) apartment building that I'm seriously considering buying. The main stumbling block is that my lender for all my other multifamily (most of my buildings are 8 - 22 u...
Tim Porsche
When and How Much to Lower Price on Flip
Hi All, so I recently purchased a house from a wholesaler as a flip project. The house is located in Effort, PA (Poconos area). It is complete now and was listed for sale on 10/01 for $259,900 which seemed about right...
Brendan M.
Using your negotiation skills to lower your monthly bills
There's a very good chance youre paying more than you have to for your internet, phone, or cable bill, and it only takes a few minutes on the phone with your provider to reduce it. Story time: I just signed up for Com...
Michael Garnto
Buying rentals in lower class areas near military bases?
Well, first I'll start with an explanation on what exactly this entails for those not clear of what generally compromises a bases surrounding area. Most AF bases are relatively in the middle of no where. Usually stand...
Julio Gonzalez
11 ways to lower taxes when selling your property
Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...
George Bechir
should i pay more down payment lower interest rate
Hello, That will be my first post and my first investment as wellI made an offer for a condo at chicago suburbs and finally it was accepted. it's a condo 2beds 2 baths for $195K. Now i am trying to apply for a loan an...
Allison Park
Standard for handling appraisals lower than contracted sales price
Hello, I am selling a property and it has appraised lower than the contacted price by $9,000. In this case the buyer is asking for the seller to concede the difference between the sales price and the appraisal price....