Traci Thomason
Is this enough equity?
I am under contract for a primary residence. This will be my 3rd property in my portfolio currently and my 4th purchase overall. I do a buy and hold strategy and bring in long term renters or student renters. I am buy...
Joe C.
IRS 1031 exchange rules 2021
Hello, I've sold my 1st rental, a SF home, and made a nice profit. I have sold before. What steps do I need to take if I want to do a IRS 1031 return? I have no home lined up to purchase. I want to build MF homes. If...
Davon Lowery
HLOC on a property held in Biz name
I knew there would be some draw backs with holding my properties in my entity.What has your experience(s) been when establishing/obtaining a Home Equity Line of Credit on your property,which is held in your entity?How...
Account Closed
FHA increasing loan limits for 2018
Apparently as prices are rising, FHA is increasing their limits to government backed mortgages on average by 6.4%:
https://themortgagereports.com/34740/fha-loan-limits-are-increasing-thats-good-news-for-borrowers
So...
Daniel Sobsey
Commercial vs Residential Loan
1. What are the tax implications of being personally on the title of a home (along with 3 others) vs. through ownership of an LLC that holds the title? What has better tax benefits? Since this is a rental property, wi...
Sahil Singla
Which properties are the best for maximum depreciation using cost segregation?
Hi everyone,I am an aspiring real estate investor and I got interested in real estate primarily due to the tax benefits. I want to reduce my w-2 income by running a short term rental and claiming bonus depreciation. I...
Dominick Dahmen
CASH Program for Filling Lots
When sellers talk about not having the energy to fill vacant lots, do they not know about the CASH program from 21st mortgage? Or is this a red flag that there isn't a lot of demand?
Cindy Konopasek
fha loan, primary residence 3 years, convert to rental
This is my first post to this site. My husband and I, along with our daughter, purchased a townhouse. My daughter qualified for an FHA loan as a first time home owner along with the stimulus plan.
She has lived in t...
John Williams
Downside of the 1% rule...
Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
Jeff S.
I want to be a renter
Have you ever thought about being a renter and the benefits? Lock in a lease but pack up your bags at a moments notice. Sounds appealing. We would be your best tenant leaving it cleaner when we left than when we moved...