I am new to real estate investing, but somebody suggested that since I am able to cash out 400K, that I should purchase a ~700K multifamily property for rental income. I am not able to get additional conventional loa...
With an income of $250k, taxes are killer. I know there's a better way...Assets:160k in a fully owned home (renting w/o an LLC--need to set this up pronto)65k in a financed home (going to rent w/ an LLC)35k in a fina...
Hello All,I have a question about holding a private mortgage on a property you own free and clear. It seems to be a viable way to generate passive income from real estate investing, but I'm not sure. Most investors pu...
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
Hey guys,
I hope your well.
Does anyone have any experience with owning a gas station?
The station also includes a convenience store and the billboard hasn't been utilized for income. How do you e...
Hi all. I am very intested in house hacking and just want to get started. The question I have is can I get approved for the FHA 5% down? I am currently a student with some cash availbe and good credit score but no w2....
Hello,
Last year I got my real estate license wanting to leave my job that I’ve been in for 4 years and get into real estate as an agent. The more though I heard people’s concerns about becoming a real estate agent I...
Hi Everyone my name is David Gamble and I’m a engineer students that has a year and a half left in school and I’m looking to purchase a multi family home which I’ll be living in one unit and will be renting out the ot...
Hi all,I'm a non-resident investor and will shortly be buying my first properties in the US (NC in particular). I'm looking for someone that can advise me on the best setup from a tax and legal standpoint.The plan is ...
Any Lenders here or can anyone recommend a lender that will allow a cash out refi on an investment property with about 50% equity. Property has been consistently rented for over 5 years, looking to to refi based on re...