Thanks in advance to this great community. I'm wondering if a brief stint as a MTR can make my primary residence eligible for bonus depreciation of improvements?BACKGROUND: I'm a high-income professional and my wife i...
Hey guys, my situation is a little tricky so I was wondering if I could get some input from you all. This is kind of a “what would you do” question. Thanks for reading!Current situation:I have five townhomes in the Mi...
I'm hoping to be able to either get a cash withdraw refinance or a HELOC so I can buy another building, but I have crappy DTI ratio if all my improvements are held against me.I just spent ~70k in improvements for my 4...
My mom has $23000 left to pay off on 12 residential units in the Chattanooga Area. Once that loan is paid off we will free up another $1200 per month. They are two 4 plexes (each of which need new roofs, gutters et...
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This was an actual PM advertisement in our area today. How many red flags can you count? This stuff is priceless.
Hi my name is Russell and if you are a land lord and are tired of your property bringing you 0 incom...
My wife and I are interested in completely remodeling one of our beach duplexes that we use for short term rentals. Specifically, we want to go up another floor, new covered porches, new hardy plank, basically a full...
I am renting My house out and it needs 15k for renovations. My monthly payment is $1680 (including PITI). I plan to rent it out for $1900 and I am including a property manager as well. Is there a way I can lower my mo...
Property roughly worth $130K had improvements made to it that were not inspected and therefore after a home inspection (for the purposes of selling the home) it was discovered that there are 100's of violations that w...
I'm starting out looking to get into multi-families and larger apartment complexes. I have some cash which could get me into some 2 or 3 families but if I had more cash I could get into some 10-15 unit apartment comp...