Basically, my partner and I cannot show proof of funds to a bank; therefore, obtaining a loan or mortgage would be near impossible. Also, we have very little funds, so does anyone have any advice on wholesaling with v...
A buddy of mine has a fully functional dayecare center fully appraised @ 650K. He is only asking for 500K (but will possibly settle for 450K no less than 400K). Would you personally consider this a deal? BTW: we are ...
2 bedroom 2 bathroom unit approx 875 square feet. In pompano beach Florida.Below is a picture of the financial breakdown. According to Zillow, this unit was sold in Jan 2005 for $135k. Built in 1981. Unit is in okay c...
Hi All,I found a friend in my martial arts class that has been in real estate for 10 years. They are raising capital for a 506b (family and friends unaccredited) hybrid deal (in another state) that includes an apartme...
Can anyone give me information and/or experience with heat pumps. From what I understand they are more efficient in warmer climates and provide a cleaner air. Any feedback is appreciated! Thanks
I have enough cash on hand that I could purchase a home in a less afluent part of town, or finance in a nicer area?I've always been a little gun shy about borrowing money, but understand financing could increasing my ...
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
Hello fellow landlords! I have 5 rental properties, and all of my tenants have been good so far. My tenants use section 8, so all rents are paid on time and usually have minimal issues.
My questions is, I am becoming...
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
I'm looking at a possible deal in Lubbock, TX and would like some input. Here are the specifics.*4 Bedroom 2 Bath in Cooper school district (highly desirable small school system, but home is still within the city lim...