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Hi everyone! I am under contract with a duplex and I’m currently shopping my mortgage options. I have a couple different offers here and wondering if I could get some advice. For context, we are 80k over asking and wo...
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This is my second short sale, first one the bank accepted, so this is the first time I am in this situation.
South Florida, single family 2 bed 1 bath home, in fair condition, everything works, no major work ...
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I have a SF rental with tenants that have been there for about a year and a half. It is a very nice family who takes absolutely immaculate care of the property. The carpet still looks brand new! The problem is that it...
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I have rental property, and I'm thinking about refinancing using the VA Streamline IRRRL. I want to make sure that it makes sense before I make my final decision. After the loan is complete, I should save about $155 a...
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I have a question. If I remove the late fees to help my tenants due to COVID... Can I claim them as a loss? And if so, how do I document it?
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Very new to wholesaling, and REI, looking for direction. I understand that I need a purchase contract to hold the property while doing due diligence and finding an end buyer. Then an assignment contract to assign the ...
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I put $50,000 down on a property that I am buying through the owner. The closing is in January. How can I deduct this on my taxes?
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Hey guys so I'm working on my second deal and it's my first exposure to private and hard money. I am looking for all the advice or book suggestions I can get!The dealIt's a 1200sqft(total) triplex2 of the units are 1b...
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Hope this is the correct forum to post it.I've used QB online for a few years now and like it. But just recently I had 4 bounced checks from tenants. (Two tenants, bounced checks twice - ugh) I use the method of each ...
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Very weird situation we have got ourselves into. We purchased a major rehab building in New York about a year ago. The real estate agent was also in property management, ran his own PM firm and his family has run a c...