Hi,Both credit unions for a 500K HELOC is with no closing cost (lender covering it). Credit Union 1: Rate is prime rate +1%, 10 year draw period. Introductory rate for 1st 12 months is 3.99%.Credit Union 2: Rate is pr...

I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...

Curious if anyone has experience with Tax auction properties..... In my state there is a delinquent tax auction held once a year, then there is a 12 month redemption period. If not redeemed the property is signed over...

I’m an upcoming real estate investor. I’m starting with wholesaling. How exactly does a inspection contingency work in Ohio? Am I the inspector or do I have to pay an inspector to look through the property before I ca...

Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...

we looked at a house a few months ago and we where going to put a bid on it, but it was only open to owner occupants. My Realtor called the listing Realtor and they said they aren't taking bids from investors and have...

I reside in Michigan and recently they switched from selling tax liens to tax deeds. I believe this means that we actually buy the deed for the property. Is this correct? How do I find out what the redemption period i...

I'm researching commercial loans and how they work. I understand that a majority of them carry a 5 year balloon AND an amortization period (usually 30 years). What's the purpose of having the balloon payment? If I ref...

I am wanting to look into some property that is in a established subdivision. I am wanting to build a guest house on this  property. There isn't a HOA. When I pulled the deed which the last amended deed was in 1985. T...

I am looking at a 3plex (in a not the best area) and the numbers are working out for me so far. I have given the seller a low offer which they immediately rejected and came back with their original asking price as wel...