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I am about as green as they come, but I’m curious to know how important is the 1% rule? In my market, rent generally doesn’t exceed $1300, so does that mean any house is priced more than $130,000 aren’t viable?
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I mean mainly for commercial deals.
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Hello Everyone,I have a friend selling his primary residence a little sooner than anticipated and wondered if anyone had come across capital gain tax issues in the past. Here are the facts:- Closing date for current ...
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Can someone explain what LTV is? Having trouble wrapping my head around it. Thanks!
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Hi everyone,What are your thoughts in Oakland, PA? Im trying to do my due diligence on the area.The high taxes of Allegheny, as well as year after year population decline worry me. However with CMU and Pitt being ri...
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HelloI came across a seller that would like to sell her property to me via quit claim deed. The deal seems good, almost too good. So I asked her if there any liens, she says there is one for about 5k and nothing else....
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Good morning!
I have a primary residence that is a 4-unit building. Part of this property is an Airbnb and has been for several months. I do very well with the Airbnb income and do not want to turn it into a long-ter...
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Greetings,I have been presented with an opportunity to purchase a Single Family home that currently has 4 separate units, each with their own living space, each with rent opportunity. One of the additional units appe...
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Hello,
I own a rental property in MN but live in CA. I want to get a Heloc loan to purchase another property. Bank said that they cannot give it because I dont live in MN. Any idea who would be able to give a heloc ...