Kevin Hassold
Owner Occupied Partnership
My partner and I are planning on purchasing a 4-plex together and he is planning on living in one of the units. How would we structure the partnership so that it is fair to all parties since we will only potentially h...
Gabriela Gomez
Seller concessions 3%
I am purchasing a home with a VA loan in which seller has agreed to pay $4875 in seller concessions. Let's say my closing cost are not $4875 and they are less, what can I use the left over money for? I don't want to l...
Patrick Thomas Dickinson
Would you put down 5 % or 20% percent in my situation.
My situation I have 260,000 CashI am now in contract on a house for which I will have about 70,000 Invested into the deal leave me with 190,000 left over I would like to have 50000k in reserves, Which puts me at 140,0...
Simon Marin
Rental income and taxes.
Does one get taxed on the income produced from a rental property ? Not the property itself but the month to month income
Devonte Thomas
HOW TO EXIT A SELLER FINANCING DEAL
I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...
Nicholas Kitchen
HUD-1 Statement Help Please
Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...
Curtis Cecil
One of those Youtube guru's advice....
So let me give you some hypothetical numbers.I buy a house for $150k. Current value is $210k as-is. ARV is around $300-$350k. So I was told that I could do a cash out refi for $150k. That puts debt against the house. ...
Tom Server
repayment of loan with cashflow
So not sure if this makes any differences for tax reason buti was thinking of using my 401k money as a loan towards the down payment for a multifamily rental. I don't plan on opening a LLC .. Could i take any of the ...
Daniel Dietz
SDIRA and NON Real Estate (Stock) Investments
Hello,
I am going to be setting up a SDIRA this week to purchase my first rental property. Currently I invest in mostly stocks within my ROTH IRA, which I will be rolling over into the SDIRA.
My question is this;
...
Quy Huynh
Best Loan Scenario For 2 Multi-Family Apartment Properties
I have a 9 unit property in Florida where the bank is willing to lend me $318k on (75% LTV; bought for 210k in Oct 2015, value is now 425k). 200k is being used to pay off a private loan and 118k is the leftover credit...