Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan. There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...
Hi,
My name is Dragan and I am Canadian real estate investor. I live in Toronto and I already did a few fix and flips here in past few years, however as prices started going insanely higher I decided to change my fo...
Two investors are buying a warehouse. One investor is investing 1.3M cash and the other got approved to put in the remaining 1.3m through a hard money lender. The loan is secured by a first trust deed against the prop...
Just wanted to share a quick success story. I focus on short term vacation rentals in Hawaii. I enjoy self managing and have acquired several over the years. I purchased a 3 bed 2 bath about 2 1/2 years ago for $48...
For context, my ultimate goal is to increase cash flow over the next 5-10 years by lowering monthly expenses.In 2015 I acquired a duplex with an FHA loan of 3.49% that has PMI that is $214 a month on a total mortgage ...
I own several residential multi families and I will soon have to get more properties through commercial lending, what's the best advice in how to restructure residential properties for example under an LLC altogether ...
I'm writing this post to track progress of my first attempt to BRRRR a property in Baltimore City (it is a length post). After two years of reading books, studying BiggerPockets, researching neighborhoods in Baltimor...
Hi-I have money to invest;-I invest longterm in the stock market, REITS and I'm looking to diversify;-Interested in real estate investing that is passive and remote/long distance;-I live in Dominican Republic but I tr...
There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...
I recently completed the process on my 1st BRRR - still working on the Repeat to earn the last R. Wouldn't have been able to do so without the Podcasts and these forums where I gained advice from others. Wanted to s...