Lorenz Cornelis
Refinance a 17-year fixed rate loan
Hi,I bought my first two rental properties when I was 21 years old. Since I was still studying and did not have a fixed income at the time I had to negotiate a 17 year long loan & 2.85% fixed rate interest. Althou...
Bob Ross
What are the most essential formulas?
What are the basic formulas for real estate investing?Irr? Present value of money? What are the numbers that real estate Investors are running all the time?Also, is there a good book for this for beginners?Thanks
Argi Avetisyan
How to pull cash out of rental that’s worth $55k
Hey guys! I own a rental that I bought all-cash, worth about $55k that’s currently rented. I would like to pull as much cash out as possible to put into a different project. The property is owned by my LLC. How would ...
Christian Podedworny
Creative financing (65/35 split)
I am in the process of buying my second home as a rental property but the local banks will not provide financing on a loan amount below $75,000. I have several options to buy this home using opm and some of my own ...
Jeffrey Fung
1040 Tax Returns - What amounts do you use for Property Tax
When you guys are filing property tax amounts for rental properties, what figures do you use? For example, let's say I am filing for 2023: 2022 -2023: Installment 1: $5,200 Paid Nov 2022Installment 2: $5,200 Paid Apri...
Blair Murphy
What are the pitfalls of cash-out refinancing a property?
Hi,I have a noob refinance question. I bought my first property (4-plex) 3 years ago in California and my plan has been to play the long game and try to cash-out refinance every 2 or so years to put towards another li...
Nick De Cristofaro
Partial 1031 Calculations
Hi all,Hoping some 1031/tax experts can help with some questions/verify my assumptions.I've been looking at calculators online to try to estimate my boot doing a partial 1031 exchange. I've completed one property exch...
Cody Rohland
Help with analysis on a 2 family with a life estate
Hi all! We have the opportunity to purchase a 2 family in a very desirable area (due to it's proximity to public transportation) close to Boston. 2 bed/1 bath on each side. Rehabbed, this property would probably sell ...
Blake Dailey
HELP - Seller Insists on a Physical Bag of Cash Under the Table
I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
Account Closed
Guide to Credit Card Hacking for Flippers!
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...