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So I've contemplating for years now whether to roll extra cash that I use to fund my TSP (military 401k) into mortgage payment and pay it off faster. So far I've been maxing out TSP as I understand its tax advantages,...
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Just put a property up for rent. This is my first time renting and have a few retirees interested. How do you verify income? Its assumed they would get social security. Does the application process on a site like Zill...
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Hi Everyone,I want to withdrawal my $88,000 out of my 457b retirement account to assist me in purchasing a rental property. I understand that I will pay 10% in penalty as well as 24% of state taxes on it as well, leav...
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My wife and I are just starting out as Real Estate Investors and are looking for our first deal. Trying to get creative with our financing we ended up selling our house. However thinking that we should get settled f...
I have two rental properties which I bought 4 years ago. My initial investment in each home was $40,000. Our market has gone crazy, and at this point, if I sold, I would net around $150,000 on each house after taxes...
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Can someone help me understand how these large apartment developments make financial sense? It seems like the rents do not justify the upfront cost to develop these projects. What am I missing?
Below is a link to...
I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, ta...
So I am a greenback when it comes to investing in real estate. My plan is to take out an equity loan against my personal residence for a low rate @ 30 year fixed rate. I was thinking of taking $40k and purchasing a du...
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Hey fellow investors,
I wanted to reach out to the community for some advice on a potential real estate investment strategy I've been considering.
To give you a bit of background, I currently reside in Southern Cali...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...