I am under contract to purchase 7-units multifamily (3-unit + 4-unit on parcels next to each other). I can either do one commercial loan at 4.5%, 5 year fixed rate, the typical penalty 54321 or two residential loans a...
Hello, I am going on my first tour of a Condo that I am in the process of underwriting. Do you have any suggestions on particular things I should look for on the tour / things I should ask the realtor? Thanks!
Hello,I know the answer is to seek advice from a CPA, but I wanted to pitch this question anyway.I have heard that selling a home on the 366th day after the purchase, one doesnot pay capital gain taxes.I also recently...
Okay so Iam a novice investor with only 1 rental property under my belt that is owned free and clear (also I'm only 21). I was thinking about using the equity in that home to go out and do other real estate investment...
I'm working on my first real estate investment and I'm having trouble deciding on the best way to finance a property. I'm looking to buy an apartment and either use a Heloc based on my current home's equity and do a ...
I've been in talks with a potential seller of a rental property in New Jersey. The landlord has not told the tenant yet about his plans to sell, he's at the beginning of the process. The house has a bit of a hoarder's...
Anyway to get around the stipulation?Thanks!
Its been close to two years since my first and last post. Since then I've relocated from Southern California to St. Louis Missouri area. I couldn't afford to make my real estate investment dreams become a reality or I...
Hello everyone,I am looking to purchase a commercial property and was wondering if you could help with the valuation. The property is 10,000sq one floor office/medical plaza that sits on 1.5 acre of land. It was built...
I know there are a myriad of tax advantages when owning real estate under your personal name, such as depreciation, improvements/repairs, operating expenses, travel, and home office usage.
What I would like to know i...