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I am seeking perspective from the savvy note investors as well as established buy and hold (rental property) investors regarding the "best" strategy to grow net worth over time. I am a current house flipper and looki...
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Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
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How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...
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Hello everyone!I am looking for some help trying to wrap my head around the complexities (to me, anyway) of a partial 1031 with boot being pulled out. Here is the situation...Currently close to closing on the sale of...
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Hi Looking for advice on the following scenario:1. Currently own a rental property worth about 1.3M. Owe about 600K on this property on a 30 yr fixed @ 3.75% with 27 years to go. Rental history of 4 years with current...
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Oops, I meant "hear"...
So in 2010, I did what everyone tells you not to do: I cashed out my entire 401K and after penalties and taxes, I had about $270K remaining. I then used that to pay cash for two log cabins, ...
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i have no tax returns because i get paid under the table. is there any way i would be able to purchase a property? how much money do i need to save up?my credit score is 700
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https://www.washingtonpost.com/realestate/deconstruction-can-provide-huge-tax-benefits-for-property-owners/2016/08/24/8f6c5270-62fb-11e6-96c0-37533479f3f5_story.html
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Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
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I’m a newbie investor with all my starting capital tied up on my second deal. I’m seeking advice whether to: (1) sell; (2) hold and pull equity out; or (3) a creative financing solution that I have not yet thought of…...