Hello all - Excuses my ignorance but I would like some advice.My partner and I are looking soon to talk with lenders for our first investment properties. My partner and I are unrelated and we don't want to form an LLC...
We've come into a bit of a plateau. We've purchased a duplex and our home within the last two years. However we've been unable to make further investments due to limited finances. While our finances have been limit...
Hey guys, so we have a closing scheduled for this coming Monday, and I need to wire $24,000 to the closing company for this house today (Friday) to have the funds reach on time for the closing. This will be my first h...
Good Morning all, Me and my husband decided to buy a second house as an investment property. I have been looking at the houses in our area for about 6 months now, got approved for up to 500K loan. However, is does not...
Hello all, Today, I went to see a duplex today, and what I witnessed was....horrible to say the least. The agent was a friend of the owners, so they had ample information about the property and the tenants. The fami...
l am trying to learn more about tax information and determine exactly which expenses are deductible and which aren’t. Specifically, fences, gutters, landscaping, to make the property more competitive for rent.
Also, ...
I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?
So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...
I wanted to run these numbers by everyone on this forum to see if this local bank might be the way to go in lieu of conventional financing for our next purchase. There are both pro's and con's to what they can offer(...
A lot of investors have a limiting offer to sellers when they think their offer is significantly lower than what they think the market should be.
However, people actually value price the least in a transaction (espec...