1031 exchange help needed.. So everything I read about 1031 exchange is the same general information. My question is in particular to multi family real estate. If i were to purchase a 50 unit trailer park, does the ru...
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Hi All,
I recently purchased an investment property in California that i rent to my parent however i charge them less than the mortgage fee. It's $100 less than the monthly mortgage. I"m wondering if that wil...
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Hi BP family,I am currently studying for the Illinois’ broker exam. I have completed the course book and successfully passed each exam. I have done some overall review but there is just SO MUCH information. Are there ...
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Hi Everyone,In the AnalyzeREI software, I'm putting my potential private money partner's contribution as the "mortgage" portion of the deal. In the financing aspect of the software, I show them earning 3% compounded m...
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Is my debt to income ratio effected if I live in a house hack with rents?EXAMPLE: $1932 monthly PITI with $2000 in monthly rent.Do lenders look at this as a wash? Or do I still have a $1932 + Debt.
Hi All,
I took MN state exam and fail twice by 3 pts. The educational courses co. for the state exam prep are not very helpful regarding the property law portion of exam. Do you guys recommend any other psi state exa...
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Quick land lease question: If I have a parcel and, say, 20 buildings on it that I want to rent out (to 20 different people), can I put each of the 20 units on a separate land lease? In other words, can I divide up the...
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Hi,I need to take the law portion of the DC Real Estate Exam in order to get my license. II'm already licensed in NY).As I understand it is 30 questions. I assume it is much less rigorous than the general national por...
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I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...
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Complete newbie here.. I have a good understanding of how a HELOC and HEL works, however, I have no clue what are the steps to take once the funds are secured. With a conventional loan the lender takes charge of doi...