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First Time Homebuyers and Government Programs
This is good news for all of you first time home buyers out there. The government programs available are phenomenal. These government programs are intended for low to mo...
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Hi, I’m hoping to buy my first 2 family rental house within 5-6 months from now. I probably have 66% of the downpayment for the price range in the area I’m looking at. I read from other people’s post that I can use he...
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I am trying to get into the real estate game. I live in central New York and was wondering if there is anyone in my area that I could chat with since everyone seems to be in California or Texas.
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Colorado Springs.
Purchase price: $785,000
Cash invested: $900,000
This was a syndication with partners. The only parts of ...
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I am torn with the difference of the two. Anyone who wants to do some explaining here?
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Investment Info:
Single-family residence other investment in San Diego.
Purchase price: $65,000
Cash invested: $235,000
Construction of a single family residence (SFR).
What made you intere...
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I'm sifting through Publication 527 and I understand that the cost of rehab is all capitalized, even those things that would otherwise be expensed between tenants or during tenancy, such as painting or regular repa...
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BP,I'm currently looking in Orlando (where my first SFH is) and Seattle for my next couple of deals. While searching Seattle, I realized it wouldn't hurt to introduce myself to a local CPA and Attorney that were more ...
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This is more of a Tax question, Traditional BRRRR would be Buy, Rehab, Rent, Refinance, Repeat and you have no Capital gains on a Refi but you can only pull out 70-75% of the value of the property LTV. Now, if my wi...
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I was just told by my lender tha LLPA’s are charged with investment conventional loans. Can someone explain exactly what those are and how to avoid them? I have never heard of this.