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Hello all,I wanted to refinance my mothers home in my name however, apparently according to my conventional lender, she would have to sell the property to me and I would have to complete the transaction as a purchase....
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Over the last several months I have been researching and preparing for the local Wayne County Tax auction. The Auction wrapped up yesterday and when it was all said and done we only purchased one property. Here is a q...
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So once again I'm looking at the proposed tax assessment of my South Minneapolis Duplex and for 2019 they have gone up once again, but this time 20%. I've owned the property since 2014 and the taxes have gone up from...
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A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
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What are your favorite places to find vendors? (Cleaners, handyman, etc.)
Here's my top 3 places, but curious if anyone had any others they can share!
1. Thumbtack.com
2. Referrals & Facebook Groups
3. Google
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Considering creating a self directed solo 401K for my wife and curious if there are options where I can utilize the funds for rehabbing my own REI properties? Thinking I buy cash, have her IRA loan me the rehab which ...
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Hello fellow investors! I’m currently using the BRRRR strategy to grow my portfolio and so far got a total of 9 properties. 2 are in the process of being rehabbed and I will hopefully be looking for tenants soon. I wa...
Ok, getting right down to the deets. I currently own and rent my condo unit that I've had for the last 4.5 years. 1st floor, 2 bed, 2 bath, 1 car garage in an 8 unit building. I owe $82k and pay $692 monthly (taxes an...
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I'm closing on the sale of a flip tomorrow and the title company is telling me that my proration of school taxes is based on the 2% discount, even though I didn't pay the full amount OR pay early enough to receive the...
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I am ready to make offer on my first Flip in PA, and my son is interested in exact same property for he and his wife. It is a foreclosure. I am willing to pay cash, he will do conventional mortgage. House needs abou...