I have recently gone from one rental to three (and one is a 4 plex) and need a better system to keep my book keeping as for as accounting goes. I am very familiar with Quick Books as I use it for my other business I h...

Hello everyone! Im being told different things by different lenders on seasoning periods for cash out refi's. Some lenders say 6 months, some tell me 3 months, some say me no seasoning period to do a cash out refi. Is...

Hi Everyone,
I’m finishing up my first San Antonio project in the next few weeks (a 3/2 SFR rehab), and I’m looking to perform a cash out refi into atleast a 7 year, or 30 year fixed loan product. I would also be ...

So I am currently working towards buying my first BRRR property and have recently found a private money lender willing to set me up a line of credit to purchase and rehab a property. The only catch is that they will o...

I am looking to do a cash out refinance of my single family residential investment property.  Can anyone suggest a good company or are the big box, Quicken, Lending Tree, be my best option?

I am under contract on a fully occupied triplex in Independence, MO that the general inspector found some electrical issues with and some concerns regarding Knob and Tube wiring.   I only have a couple days left in th...

I am looking to expand a portfolio of properties rather quickly. I recently came across using a HELOC to finance the next/another property. I have been reading articles but can't seem to find the info I need to make a...

Hi All:

Here is the scenario:

Purchased SFR rental properties 1 year ago for cash
Properties held in an LLC for asset protection purposes
Bank said need 1 year seasoning on properties to finance, so...

How does capital gains tax work for a land contract sale?

If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.

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I'm in a townhome in that's connected to 3 additional units (apartment below and townhome to right and apartment below). Each month the water bill has increased with this month showing more than 10, 000 gallons of wat...