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For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan.
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...
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Hi all. I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property? I am just starting to research this financing strategy and I'm wondering how muc...
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Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)
First Year Analysis
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I have received 1099 from the county for the rent subsidies I received in 2020 thru the Cares Act. How will this money be taxed and why should I receive the 1099 and not the tenant. I understand the money was paid d...
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Hoping someone can help us with a potential opportunity that came our way. We have been under contract for a property and going back and forth with the seller on some terms and financing. Just yesterday he proposed po...
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I have a house in Tacoma. Washington state will now allow to evict until after Aug 1st. City Tacoma has law that 60 days of written notice for eviction. I called the city and talked to the person there and was told th...
Is anyone else involved in iFunding's Orlando investment? iFunding marketed it as a 6-month short-term mezzanine financing structure where the borrower would pay interest for 6 months while re-financing the property....
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I had COVID (totally no big deal), so I'm allowed to take money out of my retirement accounts. Any thoughts on this? Anyone doing this? My vision is taking out the cash, BRRRR, repay within 3 years and viola I got ...
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Just trying to understand more about real estate syndication. Thanks!
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My husband has been at his job for 14 months and has received a regular quarterly bonus since he started. His offer letter states that his bonus is targeted at 10% of his salary and he has been receiving roughly that...