Upon selling my valuable 2 family house in which I hold the deed , do I qualify for a 1031 exchange on my rental unit (which was originally occupied by us but has been rented out for the last 5 years) as well as qual...
I am thinking of taking out a 200k HELOC on my personal property to buy 4 or 5 SF homes to add to my portfolio . The 200k will cover the 20% down on probably 4 homes, each one will cash flow $200- 500 per month, and I...
Just a moment ago, a topic was posted about whether or not to buy with the "impending recession." And as a newby, it just makes me wonder: if recessions are pretty much counted on in a cycle, are they all as bad as 20...
This forum is a great vetting process to help everyone weed out the good courses, guru's and schools from the bad ones. What I am interested in knowing is what is the best real estate investing course/seminar that you...
I'm extremely new to the idea of using my current home as a rental...but thought it might be a great idea. I've had it listed to sell because I am planning on moving 3 hours away. I've had numerous looks...but no bite...
In todays market do banks allow refinancing of a home originally financed by a HML?
Does personal credit and assets become a variable in this situation or are the numbers on the home the only thing that matter?
Hey everyone, I have a BPO due and I absolutely cannot find any kind of information on this particular property. I tried MLS, Zillow, Trulia, county tax records, etc..I am just looking for basic information that you w...
Need some input on the following deal:
Units: 1,2, & 3 bdrm townhouses (majority 2/3 bdrm)
Section 8 (renting under market price)
Occupancy: 80%
Price: $12,500 per door
Cap Rate: >10%
This is the first apart...
Hey Everyone ...
I know the IRS requirse at least 750 hours AND that no other *job* carries more hours than RE.
Now, my question ... What about income? I own my own business, and have no problem saying I simply ma...
Would it be possible for me to use my first home (primary) potential rent income as qualifying income towards a second home?