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Hello
everybody,
I
have purchased a single family home in October 2020, with a
cash offer.In
January 2021, I asked my property manager to pay my
property tax of about 2,000$, she accepted and has paid with...
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Does owner financing or private loans in general count toward DTI? I imagine the lenders will not know unless you tell them? Although I guess interest paid on the loan would show up as an expense on your Schedule E in...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
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I live in California and am buying a rental property in Oregon. I need to know if I should start an LLC for this property in Oregon or in California? How do I navigate taxes on this property between the two states, I ...
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Hi everyone,Wasn't sure what category this falls in but financial planning seemed appropriate.I'm starting a 4 members LLC for CRE purchasing. We are of the mindset of buy, hold, refinance indefinitely. I heard one ...
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Hello!Thanks in advance for engaging in my question. I'm in the process of hunting for my first deal in Houston, Texas. Which do you think is better or the pros/cons to protect my personal assets outside of the invest...
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I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
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I have a tenant who had a stroke. He went in a week before rent was due. Now rent is 15 days late. Not sure when or if he will able to return. A family member finally reached out to me last week and said they would t...
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My wife and I are just getting started in REI. We live in PA and established an LLC here earlier this year in anticipation of buying investment properties. We figured we should get one established, but the tricky th...
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I just had an unfortunate experience with a rehab I’ve got going right now out of state. The contractor called to tell me there had been a break in and both brand new water heaters were stolen (it’s a duplex).
My que...