I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...
I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
Hello,
Just wondering if anyone can help me figure out a lending strategy.
Here are the details:
A friend wants to sell us their house that currently has a VA loan mortgage.
They are a dual military couple ...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
I just learned this today, VA loans can be assumed by non-military buyers! This is exciting news to me and I'm surprised I hadn't heard it before since my husband is a veteran and we've purchased several homes VA as w...
Hi everyone, I am new to this forum. I am ready to start my real estate investment journey and need your help and expertise. So my question is what should I do with the equity in my primary home to invest in multiple ...
Anyone have thoughts on this. I work part time maintenance at a 104 unit apartment complex right now. I used to do rental restoration work a few summers back. I am currently an unemployed shop teacher. (Like high scho...
Hello,I am located in Southern California and I’ve been doing my research on RE investing and want more exposure (how to go about finding meet-up groups, where to start, mentors).Currently I work in the IT field maki...