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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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I'm looking for recommendations on how to reach owners of apartment buildings (5+ units) to see if they have an interest in selling. I'm an agent with multiple buyers who are looking to get in to larger apartment ...
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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.
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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...