We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
I'm not sure what my options are... I just bought a $171K SFH, rental-A, using 75% mortgage and 25% cash down. I spent $18k fixing up rental-A, rented it, and am getting good cash flow. I'd like to pay myself back th...
I self-prepare my annual tax returns and have a tax scenario/question regarding the allocation of Property Taxes and Carry Expenses for land.In 2022, I purchased a vacant parcel of land that is zoned for multi-family ...
I'm in the Canad]ian market and just want some clarification. Is the amount that you pull out on a cash-out refi, actually the forced ARV 'cash' or am I paying taxes and or interest on that cash amount based on the ne...
Hi All,I considered starting a REIT to allow others to invest and build wealth in projects that I would start, but that was a much, much higher level than I actually have interest in pursuing. Reading through some ot...
Hi Guys,
I am new to this group. I have a couple rental properties and I was advised by my cpa to retitle them in my S-corp. He also wants my to have my rent paid to the S-Corp and start paying all of the bills for...
I'm working on syndicating a deal and I have a number of investors who have an interest in committing some funds with me to make this deal work. My thought process is to set up an LLC where each investor has a % owner...
I have been playing around with different filters the last few days. I run my search and then for the fun of it, I start checking these properties to see if they are currently listed in MLS. Every time I start check...
Hi All:
I'm working a short sale where the seller has submitted to us all of her docs needed to initiate the short sale EXCEPT her 2011 tax return. And the preparers of her return have not returned her calls....