Hello, We are in the process of selling my mom's house because she's having health issues and needs to move in with me. We plan to use the money from the sale to purchase a rental property (most likely a vacation rent...
Guys and Gals!!! I have been really starting to get serious about ways to finance my first deal. I do have an annuity through my job that I could take a loan out against. Has anyone done this and if so what was your e...
Hello all! I'm 43 years old and have set myself up with a conservatively forecasted retirement income of 58K per year at 62 years old. As long as I continue to work at my current company until March 1st, 2019 when m...
I am currently drinking from a fire house on everything investment real estate. Closing on my first investment duplex this week and looking for my 2nd. I hear a lot about ways to 'off set' your W-2 income etc.. I...
Does anyone know of a good marketplace or medium to use to sell a land contract? I hold an LC note, owes about $28,000, 3 year balloon payment...6% rate. Any advice would be helpful.
So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...
My mother-in-law wants to help us with half of the down payment for our first investment property. We want this to make sense and be profitable / fair for everyone.She is 65 and one concern is that it would take abou...
Hi all,Need some advice. I moved into one of my rentals full time. It was purchased on a 5/1 ARM at 3.875% about 5 years ago and started out as an accidental house hack due to a temporary out of state work assignment....
Got a call from a yellow letter today. Guy and his wife have lived in the house for 45 years (inherited from in-laws who were the original owners) and they own it free-and-clear. Property is a nice 3/1.5 raised-ranch ...