Yoshi Uem
Tax treatment for duplex selling
Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years. Now I am thinking of selling it. Can anyone verify the tax treatment as of today that a gain from owner occupant unit is ap...
Marty Gold
Is it worth shopping for rates?
Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
Michelle Phoenix
Does maxing out cash-out refi hurt DTI for future rental?
Hi,
I'm new to this group and am also new to real estate investing. I own a home (primary residence) in Southern California with a lot of equity, and am thinking of doing a cash-out refinance to invest in my first re...
Tariq B.
Insurance Killing My Deal
Hey All,I have a 4 unit deal under contract. It's two duplexes on one lot. purchase price $219,000 taxes $2500 and net rents 2250 a month. It is what I feel is an OK deal. But what is really making this deal look sour...
Joehn B.
Texas HOA foreclosure risks?
Hi, wanted to better understand the risks of buying a HOA foreclosure in TEXAS. The property I am looking at has equity and only a purchase money loan (1st mortgage).
I understand the basics, Wining the bid, gets me...
Kellyn Cameron
weird to approach an investor about being their private lender?
Hey everyone,I was just curious if it would be weird for me to approach an investor that I know about being a potential private money lender for their flipping business. I went to high school with him and just recentl...
Markia Dunn
Get the LLC first? Or look for a seller first?
I’m unsure if I should get the LLC first or find a seller first. I believe the reason I’m stuck is because I feel once I get the LLC I won’t find a buyer. Or if I find the buyer first then I’ll have to rush to get the...
Ian Loonce
Tenants boyfriend over every day, laws on this?
A tenant has her boyfriend over everyday, most likely staying the night. The car is always there.It's been there every day for 2 months since she moved in. He technically has is own dorm room at the university.Our l...
David T.
Have you worked with odesk?
Has anyone got experience of hiring and working with people on odesk?
Olivier Chaine
LLC Transfer - for Loan
Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan. Due to complications in due diligence (seller financials), the only way that it makes sense for ...