Karl McGarvey
Buy and Hold turned 12 Month "Flip"
Investment Info:
Condo note investment investment.
Purchase price: $113,500
Cash invested: $25,000
Sale price: $240,000
Bought a beachfront condo with the intent of using is as a STR that we woul...
Adam Pippert
Post Editing and Deletion from Mobile App
OK, so brand new to actually posting and not just surfing the forums to follow up on the podcast... Anyway, I'm stumbling through using the iPhone app and wanted to remove a mistake post (or at least edit it). I know...
Tim Winter
Fix and Flip in Sun City
Investment Info:
Townhouse fix & flip investment in Sun City.
Purchase price: $96,500
Cash invested: $25,000
This one was passed over by several other investors, found it on MLS. The ceiling had ...
Kerri K.
1031 exchange for new construction
Okay yall !!!Have you used the 1031 exchange for new construction ? And if so, how did it go? Any recs or resources?Has anyone used it for a new construction out of the country? Just reaching out to multiple groups (a...
Jackson Long
Edge case lenders for long term financing
Being very careful with my wording here as I am looking for direction and advice not looking to make a deal. Maybe you worked with someone you can tell me about or have an anecdote about your experience that might he...
James Hughes
Transfering Mortgage to LLC
Guys,
I own two rental properties and I have a mortgage on both of them with the same lender. I wanted to Quit Claim the property into my LLC but I ran into a roadblock. When I contacted my mortgage servicer they tol...
Jacob Beg
Tenant playing the COVID card.
Hi All:
I have a tenant in MD who claims to have COVID and is irresponsive to my emails/call, etc. This tenant has a history of paying late, but in fairness she always pays. Rightly or wrongly, I fell in this patter...
Ben Nadeau
Subdividing detached duplex, zoned multi-family
I'm looking at a property that has two 2/1 detached units. The property is zoned multi-family. I believe the value of the property would increase immediately if these two units were divided into separate single famili...
Joseph Cavicchi
Reporting HELOC interest on Tax Return
Hello, I'm relatively new to real estate investing and this will be the first year I file taxes after opening a HELOC last year. I used the HELOC for a down-payment on a new house. I now rent out the old house (with t...
Jay Pei
FHA 203k - down convert a 5-unit to 4-unit possible?
Forgive me for being a noob, I spent the entire weekend researching as much as I could... So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Lim...