hello, we are currently looking at a property we love that fits our needs for our future "forever" home. we are looking to get a land loan until we are ready for construction. figuring 3-5 years. has anyone done this ...
So I am maxing out a HELOC on my primary residence to purchase my second investment property, an 8 unit. Here's my question: Should I take the interest only payments at %5? Or roughly double my monthly payment by maki...
Is using a HELOC a good idea to buy my first investment property?
Will be purchasing a 4plex next year which needs roughly 80 to 100k down payment. Im thinking, instead of a 4plex at 100k downpayment, Ill use 50k of Heloc to add to my 100k for a total of $150k to purchase a 6plex a...
Hi everyone, I have a pretty good tenant who has been paying rent without any problems for 8 months. He just informed me that he got laid-off as something that I should be aware of. He is a very responsible person and...
A potential investor asked me today how can she take her 401k money and invest in multi family deal with me? Can she invest that 401k money with me without getting taxed or penalized? She is younger than retirement age.
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
I would like to start this forum so we can all ask the burning questions and hopefully those who are experience can weigh in.I’d like to kick this off with the following question. Can anyone recommend where I can get ...
My architect has given me the final drawing bundle but is charging me extra $3,500 for the demolition plan. Do i need it for permit processing or should i just let the contractor handle it and not pay extra.
First-time investor looking to purchase a TK property that I plan to hold long-term. Been shopping around for some rates assuming 25% down and 30 years. Got a quote of 5.5%, which can be 4.875% with 2 points. I und...