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Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
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Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
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I am a new investor in California and was curious if experienced investors recommend an LLC for their rental properties. What is the approximate cost per LLC and how may rentals do you keep under one LLC? Any other in...
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I am trying to understand the implications of the IRS not-for-profit rule.
Let us assume:
- I have a group of rentals
- Each of these rentals shows losses for Tax purposes (rental income less: pro...
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Hi all,So, my situation is as follows. I currently own 1 condo, and recently purchased a duplex. Both properties are in Cleveland, Ohio. My condo is paid off in-full. It currently appraises for $63,000. I put 25% down...
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I am putting together my first multi family deal
I need advise how to structure the deal with investors.
I am bank fInancIng 75%
I wIll be putting down 6.25 cash and I wIll be brIngIng In 3 more Investors who bring 6....
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How can real estate out perform stocks or even be better when the stock market does around 8-10% or even someone who can beat the market and get 15%? I understand every deal is different just like every stock is diffe...
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Hello I'm new into REI/BP and trying to get started right now, as I'm looking at my options a lender started talking to me about a 2 1 Buy Down program (which I assume is covered by the seller) . I've never heard of t...
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Hey friends,Who is closing multifamily deal with seller carry back at a moment or is closing soon?What does the deal look like and how do you structure it?
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Home #1
$35000, Tax + Insurance appx $140 Month. Currently rented for $500 Month to Month. Typical rent is higher for the area at $650-725 for a two bedroom.
Home #2 (Looking at several similar propert...