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I had two questions on my first rental property that I recently bought1. Can I deduct the closing cost in my rental property taxes for 2023. I just bought it in Nov 20232. To buy this property I had taken out a fixed ...
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I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation a...
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I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
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I'm looking to send out a mailer to some multifamily properties in the Bay. Has anyone seen success with mailers? I'm just worried that buyers are too well-informed of price transparency and there won't be any worthwh...
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Hello,My partner and I are out-of-state investor from California and we recently purchased a property for STR and looking to purchase more STR this year. We are currently looking for a real estate investor CPA to assi...
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Hey Guys
I'm new here and would love to answer any questions you have regarding getting financing for investment properties.
I'm an underwriter at a bank that specializes in real estate investment properties.
I'm a...
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How much monthly rental income do you need to NET (what goes in your pocket after loans, repairs, taxes, etc.) to quit your job?
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HiDoes anyone give me a professional advice on seller financing?As you know, recent interest rate has been increasing. This increase killed my deal so many times. Do lenders generally NOT allow a borrower to bring a d...
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I have a lead through someone I know of a group of retired professionals with money to lend, although they, nor myself, have any formal idea of what to do.Can you good folks share how you've set up promissory notes, o...
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Investment Info:
Single-family residence other investment.
Purchase price: $132,500
Cash invested: $25,000
I just bought a new primary residence and because I am always talking, buying, and working i...