Carlos Alvarado
Banks or Mortgage Company
Afternoon BP,I have a question, should I use mortgage company on a singlefamily investment property, or should i ask is there anything wrong with using mortgage companies? Banks are asking for 20%-25% down for singlef...
Lijuan Wei
mortgage note interested income tax too high？
Sold my rental house owner financing last year. This year’s mortgage note interested income is $4312. After put it in turbo tax. 700was charged for federal and state tax together. Does that sound right? I feel like th...
Harpreet Walia
Your perspective on this deal?
Hello All, We recently moved from Boston (MA) to New Jersey. We always have MA in our mind for rental properties because we know its a student/tenant friendly state. We recently saw a new construction coming up near t...
Maxwell Fontaine
Closed on a Subject to deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $58,000
Cash invested: $1,771
Took over the property subject to existing mortgage. Very motivated seller so this wa...
Ramtin Sambo
Keeping track of rental property bought with refinanced cash
Need some advice.We had about 100K left on our primary home mortgage but had a great opportunity to buy a 4 unit multifamily. Competitive market so we needed to buy using cash to beat the competition in our area so we...
Dan Froilan
Does being a MLO benefit you as a real estate investor?
Just curious if I want to invest in Real estate and also become a mortgage loan originator how does this benefit me?
Kevin Rinn
50th and Hamilton, Omaha, NE. rental property
Investment Info:
Single-family residence buy & hold investment in Omaha.
Purchase price: $60,000
Cash invested: $15,000
bought 2 bedroom/ 1 bath for rental investment property. currently still re...
Giovanni Luna
Understanding foreclosure and quit claim deeds
I found a foreclosed home and it says quit claim deed. I know I have to pay off the back taxes on it and closing costs but say if the listing prices is 200,000 and taxes I would have to pay on back taxes is 10k and ...
Isaiah Cuellar
Buy and hold tax benefits?
What are all of the possible tax deductions when claiming a rental property? And assuming I have a rental property paid off, and I have a W-2 job, do I save money on both taxes? Or one or the other? Also is there any ...
Jordan Noble
Cincinnati OH (Norwood) BRRRR
Investment Info:
Single-family residence buy & hold investment in Cincinnati.
Purchase price: $45,000
Cash invested: $26,772
I purchased this property as my first BRRRR. Single Family 2bd/1ba ...