I am considering doing a cash out refinance to get some of my invested money back from my house hack. I could survive without the money, but getting some of it back would be nice to be used elsewhere.
My current inte...
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Let's take an example. Let's say a trust deed backed note was issued in August 2005 in the amount of $44,500, with interest rate of 6%, and payments of $266.80 amortized over 30 years. Let's say you bought it in Septe...
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Working on helping my dad get a loan for a four plex. We are targeting a loan with low down payment, that I will gift to him. He didnt have 3 months reserves so I gave it to him in an joint account we just set up 6 da...
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Located in Houston tx We want to buy a bigger house without selling Current home.
One rental fully paid value is $100k. Rents for 1300 monthly.
Current home has 180k loan 15yr mortgage about 25000 equity. We made a...
First post so be easy- Cental Texas residentI'm about to pay off my home, (or possibly hold off- owe 45k at a 2.75% interest rate) and would like to start renting it out, and purchase a new house to live in.I'm readin...
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When do you need to issue a 1099 to a vendor?After contacting several tax accountants for an answer to this question, as well as an IRS agent, the answer provided was the same:You must issue a 1099 to all vendors you ...
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Hey Gang. I am a newer investor that has done a handful of assignments thus far. I now have a property that I intend to acquire Subject 2 ("Sub2", "Subject To", what is the correct descriptor for the veteran REI?). My...
I am very new to real estate investing, I'm currently trying to learn the basics before I go out and start. I don't have a lot of money to get started with and I'm not really well versed in finances so I'm not entirel...
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Hello!My husband and I are under contract for a condo in Gulf shores that we will use as a STR (we close this Thursday). The seller is also selling the one next to the one we are buying. We used up all our capital and...
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Hello All,I reached out to my Property Manager a multitude of times over a non-paying tenant. This issue has been going on for the past 3 months. Two of these months they ended up paying, but late. Currently in Nov th...