Amit Patel
Buying first Multi-Family - LLC Help (NJ )
I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey
* Can i buy in ...
Jeb Z.
Does assignment fee have to go on Hud?
Ok, so I haven't done one of these in a really long time and for some reason the hud is missing in the file of the last one i did so I assume the fee never went on the hud or I'd have a copy of it.
I have a deal sign...
Peyton Zachrich
Minimum Closing Costs for $3000 Lot of Land?
In a recent acquisition of a portfolio of houses, I got a 0.2 acre lot of land in Cincinnati (Westwood neighborhood). I'm trying to sell it to one of the neighbors, not to build just to expand their yard, for its appr...
Bill Fleming
Buying Outright vs Carrying a Mortage
What are the advantages/disadvantages to buying outright vs carrying a mortgage. Are there savings related to closing costs, etc.?
I have found what I believe to be a good deal, but I'm worried about closing costs a...
Rich Weese
secret to retirement- Part 3
This is too short for a blog, but I promised it to Will and a couple others. I mentioned how you can retire and really enjoy life for under 2K per month and golf EVERY day. Here is how you save money(read TAXES & ...
Zackarias Aitchison
Costs Of Investing OOS
Hey! What additional costs are there to consider when investing OOS? Of course, you're going to be using a Property Management Company, but are there additional taxes or fees when investing OOS? And if so, do these co...
Nancy Bachety
Do wholesalers benefit from having a RE Agent's license?
Wondering if that is worthwhile to get, if we're buying foreclosures or flips. We're in NY if that matters but are investing out-of-state too.Thanks.
Mike Rubin
Costs associated with buying a property
Can someone help me out by listing/summarizing all the costs associated to buying a piece of property? This question is more around the legal framework and paperwork needed to acquire a property.
For example, someone...
Account Closed
House hacking - Sch E
I am currently house hacking and want to know what the best way is to maximize return on Schedule E. 1. Dividing expenses - I see some post saying that I should just divide the unit by half. In my case, my tenants spa...
Bil Casimir
Closing Cost
I am thinking about purchasing house 30k and the ARV is 60K needs 12k in repairs. Any idea what my closing cost would be and any other cost I need to know? Thanks Guys