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I used to pay through the nose for income tax on my internet retail business - lots of revenue and really only COGS to offset it the income. Fast forward 9 years, I have a 30+ rental portfolio that used BRRRR on so bi...
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Hello Everyone. I am in the process of doing a cash-out refi of my existing SFH and am looking to use those proceeds to purchase another SFH in Los Angeles. I am going to make the new home my primary residence (great...
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What's a good capital amount to start investing into real estate
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There used to be a lot more leverage available for homes to flip. It appears this Covid virus and the economy it has created made lenders very wary. Prior to the virus I could get 90% financing on flips. Now I hear th...
28yrs old, looking to buy first investment property (multi family) interested in doing a buy and hold so I can live on one floor to get out of my current residence, currently live in Fairview (Bergen County NJ) would ...
Is there a general rule of thumb for leveraging? How do you know when you have to much?
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Good Afternoon everyone,
Quick breakdown of my situation. I have a home with a va loan that was purchased a year ago and that was recently streamline refinanced. Currently have roughly 10% equity in the home. Within ...
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Good Afternoon! I’m new to this forum, and there’s a lot of information here! I’ve worked in construction on and off for my father for over 10 years, and have seen the ins and outs of what it takes to flip a commercia...
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Although we had saved up about 75K to start out with a rental property but we were also in a middle of starting another business for which we could not get a SBA loan so we had to put majority of our savings into that...
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I am in the process of helping my parents buy a house in Los Angeles, CA. However, as my parents have international income they are struggling to work with traditional financing.
Context on their situation / status: ...