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I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
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Has anyone done delayed financing in Florida? I have talked to quite a few lenders - even some that say they can do delayed financing but everyone says it’s based on the purchase price (without the rehab) - not helpfu...
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Hi all,First off, I'm a new member. Looking forward to learning more and sharing some of my insights.I currently have one investment property, condo, generating $1,700/month with a mortgage/HOA around $1,000. It's bee...
I'm new here but already learning a ton. Here's my situation.-We bought a 2bed/2bath SFH in San Francisco in 2011 for $600K which has appreciated to around $1.3M or so. We have a $490K mortgage (3.5% fixed) and a $140...
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Hey everyone! My wife and I bought our first house in April 2019, which is what got us into real estate investing. We used an FHA loan to buy that house and I wanted to get a better understanding of our options for re...
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Hello everyone!I’m John and I’m new to real estate investing. I’m currently active duty military with 7 years left of service before I retire. I’m looking to create and grow sources of passive income that I can rely o...
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Hello BP,Several months back, I saw the first home. I purchased at 20, up for sale again. The lady I sold the house too was short selling it. Unfortunately, no one purchased it and it was not listed again. I was thi...
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I just need some clarification, thanks!
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I bought a second home as primary residence and would like to move my parents there (so they can help out for my child care and I can help them with $, they are little tight).
How can I get the most tax benef...
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So there has been rumblings of the current administration trying to find additional tax savings anywhere they can.A crazy notion has been to look at doing away with the 1031 exchange. This goes against every founding ...