I am planning on refinancing a rental property worth approx $200K (current loan of $108K) I would like to take out $30K in a cash out refi. The fees for this transaction are around $4500. That is around 15% of the tot...

What steps did you take before you purchase your first home?

I recently had a real estate agent bring me a deal on a duplex that is off market. 2 bed 2 bath brand new hvac, blown in insulation, new windows, new siding. One side interior not completed other is ready to go. He do...

Hello, I need some quick advice. I've been told by my bank that commercial appraisals cost way more than residential  appraisal in the area. It's my first commercial building so I was shocked to learn it is almost 5 x...

What is the best and almost affordable homeowners insurance for a duplex located in Connecticut?

Which is best option on current rental, use 1031 or instead do cash out refi ? Home used for STR: profit $600 per month but is older home and takes up lots of my time doing handyman work. I have 2 other homes that cas...

During a recent event hosted by The Economic Club of Washington, Federal Reserve Chair discussed how his efforts over the past six months have led to a reduction in inflation.
However, he acknowledged that one econo...

I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...

Hello,I currently make a solid income and own a STR that is doing extremely well (30% COCR). I am looking to scale my business and am leveraging an investor (my parents) to fund my down payment for 5 % interest on a 1...

Hello all! I house hacked a Multi -Family Home in Queens, NY almost 3 years ago.  I'm ready to invest again next year but want to make sure my taxes are done correctly.  I don't want to write too many things off to ma...