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Good Day!! I trust all is well with everyone!! I'm a newbie investor in the middle of a deal on my first property and needs some advice. I'll summarize the situation as much as I can- Have $50K in Heloc, $15 K in sav...
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Making an offer on a property with an unpermitted addition. The addition is separate from the house and is similar to a pool house in the back yard. Built very solid. I am going to be noting the square footage additio...
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Dear Community,
I hope this message finds you well. I'm currently faced with a financial dilemma and would greatly appreciate your insights and advice.
Background:
I am 23 years old and earn a monthly salary of $...
Hi Everyone, newbie question here. Im lending a friend money for a rehab on a home that he is about to sell. I trust him 100% and he is giving me a good rate of return on my money. My question is, and I tend to always...
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Hi All,I completed my first rental investment May of 2016. I was told since my LLC had no credit/assets, to buy in my name, wait until my mortgage was bought, then transfer title to my LLC. I have completed this proc...
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Watch the video here >> http://mortgageshots.com/credit-unions-push-cfpb-for-qm-exemptions/One thing you gotta say about Credit Union Associations, they’re not afraid to the CFPB for what they want. In this cas...
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Bought a house for 1M with about 230k down at 2.9 interest for a 30 year mortgage. House includes a non permitted, detached ADU in the back where I live. The main house is being rented for $3,700. My mortgage payments...
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Hey BP community!
First post here. I currently co-own 2 different properties. One is my primary which I live in with my girlfriend - I'll call this property A. The other I co-own with a good friend - I'll call this p...
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I’ve always wanted to know what are the benefits from buying and holding real estate. Of course you have your monthly passive income. Butbwhat are some significant tax benefits, returns you can benefit from yearly bes...
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Hello all, I have yet to speak to an accountant (looking a new one) or a lawyer (had one and was not reliable) about this but I wanted to ask. I have a few rental properties that I own. I have LLC's for each one, but ...