This is my first home purchase and I am going through the final approval with the underwriter. I've quickly learned that the underwriting process is illogical, annoying, and can also destroy the entire deal while losi...
My husband and I are thinking of using a 401K loan as a down payment on our first multi-family rental property. We may or may not live in it as well. We both work full time and we'd like to use all of the cashflow to ...
Hey family,I purchased a rental property in 2016 under my own name for $135,000. The home is now worth $225,000 and I plan to sell it in the next six months. My plan is to use the profit to pay off the mortgage on m...
I've tried researching this a bit but haven't quite been satisfied with what I have found, so I apologize in advance if this has been answered and I just missed it or didn't understand it correctly.
Few questions -...
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
So I'm currently in escrow with closing set for two weeks away...I had the property inspected about a week ago and am now out of option period. The inspector did point out some evidence of water damage on the ceiling ...
Hi-
Currently I have 3 properties (2 investment, 1 primary residence). I live in New Jersey. I'm wondering when does it make the most sense to create an LLC?
Any advice on the recommended structure? Umbrella with ea...
Gonna start by saying to just typed up a super detailed post explaining everything in my head, then I accidentally clicked the power button on this chromebook and deleted it all; so bare with me on the spark notes ver...