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A friend of mine owns a 2 bed 1 bath house in Crum Lynn, PA. He's moving to Arizona in January and doesn't want to deal with selling the house. The property has a new bathroom, kitchen, water heater and heating (two y...
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Hello All - First off, sorry for the long post but I wanted to give sufficient context here. I am considering purchasing an 11-unit mixed use (10 residential and one street level bar/restaurant unit). The property is...
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Hello everyone,I'm looking to purchase my first investment property by the end of the year, and what I'm trying to work out is the financing. I have 70k of equity in my current home, and am unsure whether to tap into ...
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I am looking to get into my first rental property. My plan is to BRRRR. My question is should I use a HELCO or cash out refi from my primary residence to fund it? what are the pros and cons of each? is one more risk t...
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Ok, I am considering my first deal here. A little background:- I live in a semi-rural town in Utah.- I own (and currently reside in) an old 1800s farmhouse on a 1/2 acre lot.- Current mortgage balance is $249k, paymen...
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Hello,
Would love some opinions/advice.
I currently have 10k saved up and plan on saving another 10k for first home purchase for house hack.
Background on me and new position:
New Account Manager position wher...
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So I bought my first house in 2018 for 282. I put 3% down. After buying house was worth 320k. At first I wasn't planning on investing until I realized the potential. Long story short the house was dated and I redid a...
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good evening everyone. I have a question regarding this 90 day flip rule that is currently preventing any flipper from selling a property 90 days after the deed transfer. Is this something that currently has no stron...
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I have created a substantial amount of capital through the stock market and want to transfer to real estate. I was wondering if anyone knew if there is a way to transfer without paying capital gains tax. Is there an e...
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Along with Material Participation as a Real Estate Professional, you might also want to consider grouping your activities together. So a common question that I get is-
Do I need to group my rental activities together...