Ashby Tyler Cappelmann
Newbie with 203k loan questions
Hello everyone! I have a few questions about the 203k loan. My wife and I have found a duplex in our market that we want to purchase for our 1st rental property. It's older and needs a lot of work but has been on the ...
Dale Guidry
Heres my story...would you do anything different?
Hi everyone! I'm fairly new to this...except I have owned and rented a few mobile homes several years ago but this is my first attempt at making a viable income with reasonable skin in the game. I'm 36 and for the pas...
Jamie Huebner
Buying home for mother, sell to her in five years question?
Hi everyone,My mother had went through some credit issues a few years back and has been renting. I am in the financial industry and have been guiding her to get her credit back in line but I know it will take some ti...
Cheyenne Jones
Everyone has success stories, what was your biggest failure.
We all have success stories, but what about the costly mistakes, the bad judgement, the failure to understand expenses.. Before I get back into real estate, I'd appreciate hearing from any of you that have made big mi...
Account Closed
Hard money financing on long-term rentals
Hey all, I wanted to reach out this afternoon to get some opinions/experience on hard money lending for long term rental holds. Use personal cash for purchase price of house & personal loan from bank for rehab? Or...
Jay G.
How to pay expenses / renovate home owned by self directed IRA?
... if the IRA runs out of funds to cover those expenses or pay for required repairs, etc. Example:IRA starting: $200,000Purchase property: $180,000IRA remaining: $20,000Repairs needed before being able to rent/lease ...
Mark Costa
Investment financing vs. second-home financing
Hello,I wanted to get some advice on potential financing options. Currently, I have two prequalification letters. One is the standard 25% down on an investment property, the other is what looks to be a second home mor...
Rebecca Shine
House Hacking Tax Question
Hi Everyone!I purchased my first property 3 months ago, so there is a month and a half of home ownership expenses that will be included in my 2016 taxes. This house is a duplex - I'm house hacking. I know that I can...
Drew Cameron
When is the right time to quit my job?
So I have been on here for a few months now and have been getting plenty of good advice. I have been a server and bartender in fine dining restaurants for the past few years. While working nights has been paying the b...
Justice NA
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.