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Hi BP,Quick tax question. I am setting up my LLC this year but I have some RE expenses from last year? With other businesses in the past I still wrote those off I thought without an official business set up but I may...
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Has anyone ever encountered the bank having an appraiser review their initial appraisal to reduce the value of the assessed property? The scenario is for a cash-out refinance on a four unit property.
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In wholesaling is it best to find properties that are fully paid off? Because that's what I'm thinking or otherwise it would be considered a short sale if the owner sells it for less than what's owed on the house. Am ...
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My question is about when a home owner sells their home "Subject 2" - meaning deeding the house to someone else but leaving their existing mortgage in place. If that seller tries to buy a new home afterwards, will th...
I'm having a little difficulty estimating the ARV on a short sale. I have 2 recently sold comps for the subject property. Here's the breakdown:
Comp 1:
Sold Price:$189,900
DOM:61
Square Footage: 2067
Year Built: 1961...
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In my area, you rarely find sold comps that are similar to your subject property. Either they're very different in sq ft, style, too far away, etc. As a result, you almost ALWAYS need to adjust the comps in one fash...
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Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
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Hi all, I need some advice from any members that might have experience in this subject matter. I have been planning to get started in REI for several months now but a recent job relocation has put this on hold. I wasn...
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Im planning on buying my first property this year but dont know if its more beneficial to use my VA benefits or just go conventional especially since im thinking about using the BRRRR method. Any advice would be amazi...
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HiIm looking for a cash flow deal in 3 diffrent states.Tampa FL. North Carolina.Columbos Ohio.I like to know from ypur experiance wich one of them are a beter market.Thanks