Account Closed
cash out refinance for paid off home C5 rating
Hello,
I purchased an investment home in cash. My plan was after I buy it, I would immediately cash out refinance and use 70% LTV toward rehabbing the house. I would then refinance it one last time after repairs are ...
Jacques Ridore
New to the arena and looking for advice
Hello Bigger Pockets community,I am Jacques Ridore, I usually go by Jay. I am a new transplant to the real estate investor field. A little bit about me is that I am an active duty military member of just over 15 year...
Jordan Hamm
New member calculations... Looking to learn
Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...
Nagesh Pulipati
After 401K Trasfer to Solo to ROTH IRA?
Hi Recently I have transferred After Tax 401K to Solo 401K. This is from Fidelity. I checked in Fidelity transfer detials, it says clearly Total Non-Taxable Amount for the line item. My question is, can I convert Afte...
Michael Dunn
HUD ..... Property Arraisal Repair question(s) ....
I found a house on the HUD website that I am interested in, and it does show that the house is IE ( Insured Escrow )Under the Property Arraisal Repair , it lists about ( $4,900 in repairs .... Replace damaged Exterio...
Trent Reeve
Re-evaluating best way to start my investing journey.
Newbie wannabe investor. Had some thoughts but after a few posts, I may need to step back and re-evaluate.I am finishing HELOC, for about $140k. also have about $20k in cash reserves. I live in Atlanta, and most avai...
Rachel K.
Creative financing for a pool?
I'm looking to purchase a home in the California high desert to live in for a while then double as an Airbnb and looking for a creative way to finance a pool. I want to move fast in this competitive market so I'm wond...
Ken Virzi
Not being able to count rents as income is killing me
My tax guy is good, so he shows my rentals as taking losses with depreciation etc and as a result when I go to get more loans, I cannot count my rental income. Since banks will look at my mortgages but cannot count a...
Todd Dexheimer
Cost Segregation in Syndication
To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
Shari Matousek
Is a Landlord required to provide a mailbox in multifamily units?
I have a 4-plex located in the Denver, Colorado area. The outside, free-standing group mailbox (it serves 3 other bldgs.) has been vandalized. The Post Office claims they own it & are the only ones that can fix ...