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We have purchased a rehab property with hard money and a partner. The property is under my LLC's name. We were thinking of purchasing the property for ourselves for personal use instead of selling to a buyer. Howeve...
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Offered HELOC at closing of mortgage. Prime (8.25) plus 1.99 which is terrible. Have a great FICO in the top 700's. Why does a major bank hand out such high rates when I see better rates at prime or prime - everywh...
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We're entering a whole new world with this recession. Likely new banking rules, new ways to make money, new ways to go broke! I'm watching the Coronavirus start to impact the markets, and I'm really curious how things...
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I purchased a Multi-Family property in February 2022 in Columbus, OH. Recently I got notified that the county reassessed the property value for 2021/2022 and now I owe a large tax bill for 2021 which is a year that I ...
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So long story short I have a friend in Florida that is selling his house. They signed the contract for it 4 days ago, but yesterday his wife was put on bed rest for the next few months. So they will not be able to mov...
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Hi all,
New to this forum and to RE investing. I am interested in investing in Austin. Having a hard time finding a Single Family home in areas relatively close to downtown(East Austin, South Congress, etc). I am pl...
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My husband and I just purchased our first income property in Florida. I've been reading reviews of other condos to get an idea of the do's and don'ts. One thing that has come up a few times is guests being frustrated ...
I've had a property for a little over a year. By the time of its closing its gains will qualify as Long Term Capital Gains, and I expect them to be around $90,000. As I'm a fairly new investor will the capital gains t...
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I just got a property under contract, it is my first deal. It's a short sale. The offer still has to be approved by the sellers bank. My agent has told me that I should get an inspection done right away, but it mak...
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I’m trying to Refinance a investment property that i purchased with hard money loan but the bank is asking me to change the deed title to my personal name and not on my companies LLC, which is currently on. Can someon...