Dale Line
Help me work through this 1031 scenario
As part of an inheritance, I am a 50% owner of a lake home in Minnesota. At some point in the near future, the other owner (who uses the property full time) is going to want to sell. My plan has always been to use my ...
Jon Proulx
Refinance my personal residence or sell?
Hi everyone - I’m just getting started in real estate investing, and I’m looking to get some input on my current situation:I purchased a SFH last April (2019) to live in (no idea about investment properties at that ti...
Account Closed
Airbnb, long term lease and how to approach buying furnitures
I am in a confusing situation now and need some help from experienced individuals. I bought my first investment property which is located near two universities. My primary targets are university students with long ter...
Greg Ryba
Is real estate investing worth it?
Good evening all,
I have not started my real estate investing journey, set to graduate college in 10 months and already have a job lined up. I have noticed a large influx of youtubers and online individuals preachi...
Kevin Lopes
60 townhomes?
I'm looking at a (foreclosed) portfolio of 60 townhouses that bank is asking $2 million AND willing to finance with 20% down payment. I received their rent roll and it's currently grossing $39,850 monthly with 5 v...
William Mccord
Buy recreational land with a partner
I am looking into purchasing a few acres (25-35)to call my own at the beginning of this next year. I have crunched some numbers and its going to be rough to pull together all the green by myself. My buddy and I have l...
Spencer Gray
Judge: CDC Eviction Moratorium is Unconstitutional
The CDC's moratorium on evictions, instituted by the Trump administration after the CARES Act expired in July, has been ruled unconstitutional. The decision will most likely been appealed but there is a chance the rul...
Tamara R.
Is there a new rule must show rental income on taxes for refi?
I am trying to get a refi on a BRRR property for a sizeable amount I will be able to pull back out of it. I was just told that you can no longer just show rental receipts, that you have to have it claimed on your tax...
Austin J Gurule
To purchase a rental during my tech school?
I will be starting my tech school soon for the Air Force (As a 2nd LT) and I currently have a decent amount of money saved up (nothing crazy) but in the next six months I will be in a good position to purchase a renta...
Nicholas Sheridan, Jr.
Hard Money Refi and Lending to LLC
I have such a headache trying to figure these questions out, any help would be greatly appreciated!
Scenario:
Duplex purchase price $400kDown payment 25%
Questions:
I use hard money with a rate of 10% int with...