Eric Rohver
How should I analyze a duplex with a six lot trailer park
I just found a property with a duplex and six occupied rental lots. The seller has owner-financed the six mobile homes to the current tenants, and has included the notes in his inflated asking price of $189,900.
The ...
Account Closed
Wholesale real estate
If take the profits of a wholesale deal and do a 1031 exchange and put it into a rental property is that money from the wholesale deal tax deductible
Nick Shri
Does CC debt count against DTI for Refinance?
I borrowed significant $$ (0%) from CCs in September and put that cash against my 2nd mortgage ($100K, 30 Yr @ 5.375%), I am on my way to pay off the 2nd mortgage by Mar '21. And then it will take me another 6 mos to ...
Peter G.
Smartest way to renovate primary residence for appreciation?
First time home buyer here, my wife and I recently accepted an offer on our first primary residence. It will require a bit of cosmetic work to get it to be a bit more to our liking. We are now trying to balance the em...
Kimberly Carver
Leaving early - how to handle
Hi ! We currently have a great tenant who has a lease until August 2021. He just informed us he has been offered a promotion, nothing is official yet but he wanted to give us a heads up and see how things would work i...
Simon Obas
Flipping homes, taxes, capital gains
Peace. I’m interested in knowing how you all house flippers are filing taxes. I flipped a home in January and selling another one in 2 weeks. I purchased both homes under my LLC and will sell them under my LLC too. I’...
Melissa Hoglund
Lender for your BRRR properties
Question: if you buy, renovate, rent, and then refinance your investment properties, who do you have success with as the new lender on the refi. Conventional Banks? No specifics, just categories. Thank you.
(Florida
...
Klint Ruud
Investing, Wholesaling, and Property Management
Hey Guys! So I'm sure most of us have already written down our 2021 goals and have begun to strategize for the year to come. So I wanted to open up a discussion about what some of those strategies are. For the past ye...
Rodney Turner
Collateralizing Real Estate in Lieu of Down Payment?
Hello All,I own five investment properties, all long-term rentals, and they all have mortgages on them, most of them with balances of less than 40% LTV. I recently spoke to a financial advisor who also is a real estat...
Anthony Martin
1st Wholesale Deal Closed
Investment Info:
Single-family residence wholesale investment in Pittsburgh.
Purchase price: $45,000
Cash invested: $25
Sale price: $64,000
Morningside wholesale. 3bed/1bath bungalow. Owner in di...