We are working on our 2016 taxes. In December 2016, we entered an agreement of sale for a multi-family (Triplex). We did an FHA loan as we intend to owner occupy one unit and rent the other two units. We had a structu...

My wife & I are new investors. This is  our 1st deal & we are unsure of how to proceed the right way.An acquaintance of ours is the beneficiary of her mothers home who passed away 2 years ago. She continued to...

I’ve found an ideal land deal for $300K in a prime location I’d like to buy and develop. I’d like to, in time, build 3 quadplexes on the land and rent out the units. I’m not selling any of them. However, I don’t qui...

Hi all. I have only used drop coffee machines in my two units at the beach. These are mostly "true" VRs, however, I still have a lot of off-season bookings as well. We just bought 2 Keurig machines and a few pods, but...

Has anybody actually found hard money lenders that lend at 100% for purchase and redevelopment in DC and Baltimore or is this a myth? We have thus far found 75% for purchase and 100% for redevelopment projects that ar...

Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...

Hello, I'm nearing the end of a contract negotiation for a 100+ unit property, and the "final" request the seller came back was the following: Our CPA recommended that we add a sentence to Paragraph 8: EVENTS OCCURING...

Hi all

My partner and I have a few properties under our belt at this point. Up to now we have been using hard money for the rehab phase, it costs a lot but it's a necessarily evil.

We have connections to some fol...

Hello, I hear about some local investors obtaining 10mil dollars of lines of credit to buy property. What do you actually need to obtain this line of credit. Is it basically net worth and rental income? Or is it mo...

I just closed on a new home in Windsor CA that I will be furnishing and then converting to an STR. It has a big pool which was the main draw of the house but as a first-time pool owner, I'm just learning about the sev...