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I own a few properties and have mortgages to go with them. I just acquired a new property (investment) and I'm shopping the loan.
Can anyone suggest any resources/guides/techniques they use when loan shopping?
In ...
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Hi all,I'm about to close on my first ever property which is a duplex unit that I intend to live in half of and rent the other half of. What are some best practices/tips for landlords living in the same building as th...
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I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...
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I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
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Good Morning Everyone! Question: what are your most creative financing strategies? Thanks!
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Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...
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Up until this point, I have only flipped houses, but I want to begin searching for rental units to purchase. I have heard it is best to start an LLC for each rental property you purchase, so that if you get sued, they...
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I live in nyc it is really expensive to buy rental unit here. I have 50k and want to get my first rental unit , should I do this in another state?
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Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
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I currently do not have this home under contract. However, I'm just an email away from getting it under contract. Here's the numbers
ARV = $575K
Repairs = $100K
Selling price after my fee = $325K
...