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Results (10000)
James Theron Erwin III How do contingency clauses work?
23 July 2017 | 1 reply

I'm looking for clarification on getting financing for a new home with the expectation that I will be renting my current home once I move out.

I posted about a week ago asking about HMLs in order to get into the new ...

Josh Roberts Airbnb and bank loans.
7 July 2017 | 1 reply

Hi everyone! I am looking into acquiring a duplex to rent one side as an Airbnb, and owner-occupy the other. I have read that it is tough to get a loan for a second property when going this route, as the bank would no...

Rahul Gupta Confused about Taxes situation to get a new mortgage
16 April 2022 | 1 reply

Hello, I have filed for an extension for my 2021 tax returns and want to apply for a second mortgage so i was hoping to get an answer if possible. My current W2 income does not allow me to get a second mortgage becaus...

Gary Dezoysa Do LLCs pass through tax benefits
31 May 2021 | 2 replies

Hi guys,The two major RE tax benefits I know of are depreciation and mortgage interest deductions.I plan to hold my properties in an LLC. I think the tax benefits should pass right through to me, is that correct? Sing...

Christian Peevy 1031 Exchange Question
26 August 2023 | 3 replies

Does the income you get from rent need to be applied to your new property in a 1031 exchange? Or only profits from the sale of your old property

Tomas Nuno Estimating buying potential
30 August 2023 | 3 replies

I’m attempting to figure out a rough estimate of my purchasing power and want to make sure I am doing it correctly. From what I understand, all monthly liabilities, principal, interest, taxes, insurance, mortgage insu...

Cynthia R. Heloc job change
15 September 2023 | 4 replies

Hello there, I’m in the middle of finalizing a Heloc. However, it may be time for a job change in a few months this won’t happen until I finalize. I will be cutting back so my income will reduce some. I have savings a...

Ronak Patel Due Diligence to look for when buying a property with employees
1 March 2016 | 4 replies

I'm looking at purchasing a property that has a good onsite manager. I'd like to retain this manager and the seller has told me what they pay her verbally, but doesn't have a contract with her (they are old friends).I...

Ryan Lowe Installment Sale Taxes
24 December 2023 | 1 reply

Question for the group. I am looking to purchase a portfolio of rural vacant land plots from a real estate investor. These properties were sold on installment terms (typically 48-60 months) and he has collected partia...

James McGovern Is it illegal to not rent to Prostitutes?
29 January 2024 | 2 replies

Is it illegal to not rent to Prostitutes especially if the tenant screening service shows demonstrable income on a consistent basis?