Just about to close on my 1st househack rental! I have to replace some of the locks and wondering if I should just make the jump to a keypad or smartlock instead of the cheaper/traditional lock for all units?Love to ...
Hello community, I want to thanks each and everyone on this platform for sharing their experiences and ideas. So, I bought a house in Baltimore, MD. I just closed on it three weeks ago and I’m asking for anyone out th...
Greetings to all:
I have a property with a partnership with my father in law who is retired and in need of some cash. He wanted to sell his fully paid condo, but my wife and I advised against it. Instead, we...
I'm in the process of purchasing a home for personal use and have come across a dream house. The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate. I'm considering assuming this m...
Is there anyone here using virtual CPA called 1800 accountant? They claim they are comprehensive account who is expert in filing tax in everything including real estate, business, cryptocurrencies, options trading at ...
I am wondering If anyone has found or made their own spreadsheet to calculate how many properties they can obtain over time using personal savings and reinvesting cash flow. trying to see the big picture here. i tried...
Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
So I’m a bit confused about what I can and can not deduct in taxes when my rental property is a house hack. I’ve compiled this list with what I’ve found to be deductible and what might be. I am living in one room and ...
Does anyone have sample language they are willing to share to secure a Personal Guarantee (PG) as further backup to 1st lien position in a private money loan? Are the PG clauses usually included in the promissory not...
The lenders I have spoken with all have limited offerings and the pricing is way up.
The lender I generally work with just:
Raised rates 1.5% and 4k processing fee up from 400.