We are in escrow, and have learned that there is a reverse mortgage on the condo in escrow.
The buyer assures us that he has enough funds to cover anything debt over the purchase price. We are of course concerned that...
When one owns multiple rental properties, would it be recommended to have multiple checkings/savings accounts for each property or can more than one property be handled in one set of checking/savings accounts?I unders...
I’m so happy to be with you all!. I need advice as to what type of loan to go for a property I got an offer accepted at $525,000 in Bloomfield NJ taxes are 12,000 a year. I will be living in the 1st fl and the 2nd fl ...
There's a lot of info on the types of financing options for REI but I'm just really curious what type of financing most of you individual RE investors use? And if you used investment property mortgage loans in particu...
I am hoping a foreign real estate tax expert can help me on the top of foreign mortgage tax payoff gains, also known as section 988 of the tax code.I purchased an investment property in Canada in 2013, and financed th...
Strictly looking at it from a cash flow basis and assuming it needs no major repairs. What would you pay for a 2 unit that collects $2,400 in rents. I am just looking for a 30,000 foot offering price. Not the lowest o...
So I just sat with a friend who spent his career (decades) as a commercial bank loan officer, mostly in real estate, with a retirement career as an independent bank auditor. Together we looked at three DST from three ...
SF property. I have a fear that for example if there are heavy plumbing repairs that require a building permit/city inspection that the inspector may find lead paint or old wiring that doesn't meet current code......t...
I currently have a condo in connecticut that i will be renting out in august. I am moving to a single family in texas. I am looking for advice on taxes from the basics. With this property going up for rent what are ta...
Hi All -
First post. I have been trolling around for awhile, but have an interesting deal in front of me and want to get the communities advice.
My landlord has offered to sell me the building I live i...