Mark Cruse
Baltimore Multi Family
I’m thinking about picking up a property in Baltimore that may be able to convert to 2 units. The lady told me most of the properties around there operate this way. With this one, it used to be metered separately but ...
Julian Buick
Transferring to Roth
I've been using my SDIRA for private lending for a couple of years now with pretty good success. I was recently given an end date for my current job (I'm a contract engineer so it happens). This has got me thinking ab...
Raul Morales
Single Family Home Vs Rental Property
Hey Everyone, I am considering branching out into the RE market. My initial plan would be to build a medium size home ($120K) and selling it for ( $165-170K). The profits would then get re-invested into the next...
Bhanu P.
Capital Gains on Sale of Primary residence converted to Rental
Please help me understand the Capital Gain implication on tax liability for the following scenario.Purchase Date: Aug 2012 (Bought as Primary residence)Lived There: Aug 2012- Sep 2014 (24 months)Rental period: Sep 201...
Brian Ellwood
What's Your #1 Method For Finding Deals Right Now?
I'll share mine real quick here - but want to hear what everyone else is doing too...Direct mail to following criteria:-absentee-vacant-free and clear-7 years ownership-SFR and multiSending yellow letters, once a mont...
Cameron Wallace
Portland, OR newbie
I have been lurking on the site for a couple weeks and have listened to 12 of the podcasts and I've read a ton of the blog and forum posts and really like and appreciate everyone's input and all I've learned so far...
Matt Wells
Difference between a refinance and a cash-out refinance?
Is there a difference between a refinance and a cash-out refinance or is it the same thing? I am confused here. Are all refinances actually cash-out refinances? Are the terms synonymous? Can someone please explain th...
Randy Havens
how to make a 4 unit property into a 5 plus unit in Brooklyn
Hi there!
I finally got a HELOC loan for my 4 unit residential building in Brooklyn, NY. I would like to split each apartment into two. Starting one at a time. However I have a residential mortgage, and the HELOC is ...
Bennett Schwartz
Figuring out the ARV of a Quad
Hey All,I'm working on a project in which i'm converting a single family home into a Quadplex and looking to Refinance out of it afterwards and was wondering how to figure out the ARV. I was told two different things,...
Magdaleno Garcia
Dealing with City of San Diego Inspectors for a Garage ADU
When I bought my house years ago, the past owner had added a permitted room in front of the garage. I am now converting it into an ADU but this is my first project and I've found out that I started everything backward...