Hello everyone,I am am having an issue that is starting to worry me on my first deal. It is a duplex and is being sold by owner. I have an agent that has helped me with all of the information and the contract and al...
We're in the process of securing a loan for our first rent house in Texas. All the local banks are only offering 5 yr terms at 6% give or take. Is this normal? I thought I would be able to find 15-20 year at market ra...
I currently have no debt except 2 mortgages that are on rental properties and plan to purchase a new primary residence soon. The mortgages on the rentals (PITI including HOA fees) are $4,451 monthly and monthly rent i...
Tax question. I am joint owner with my mom on the deed of a rental property. This property has more than doubled in value over the past 6 years through appreciation. Regarding tax basis, is it more beneficial to ga...
I’m looking to find recommendations on the best commercial lenders from all of you! I want to get a good idea of their requirements and underwriting before my next good deal comes up. More specifically, multifamilies/...
Just got a call from my realtor who was told by my lender (who tried to call but I was unavailable at the time) that the VA Loan Appraiser for my house said that the roof wouldn’t last for more than 25 years, and that...
So I've recently turned a Multi-family Property deal down. It was a Boarding house or Bed and breakfast 8 rooms. Long story I was able to get the property under contract to buy,but I turned it down. Reason the place ...
We did it! For those of you have been following me eviction bill HB 461 we had several miracles when the bill was dead several times. Thanks to all those who helped and those who said prayers for us. This was an abso...
The Big Question: Can You Bury the Tax Burden (Literally) with Property Burials?
I know it might sound a bit unusual, but I've heard rumors about some savvy real estate investors or just a "Tic-Tok hype loophole lawy...
I have an unusual request: I have a primary residence under contract and my lender has offered to kick me $1k for a home warranty. Since I had a very experienced construction buddy check out the house and address any...