I'm new here...Our house is underwater by more than $200k. There's no sign of it being anywhere near what we owe on it, let alone 20% over in order to refinance in 3 years. Yes, this was a 100% financed, 7 year lock...
I'm ready to get into real estate investing full time, however, I've recently gone from being an employee to being self-employed. Now I find that I can't get mortgages on properties until I have two years of tax retur...
Hi all! It is my current understanding that in order to qualify with most lenders for a commercial loan, the loan applicant needs to be a business entity (i.e. LLC). First and foremost, if this is incorrect - please l...
It seems to me that if you find the right combination of rental income (1%+ monthly) / cash paid, it's very hard not to make money.
Example: an $80,000 property, 25% down at 4.5%, and rented at $900/month.
You inve...
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
I have done 2 house hacks. They have decent cash flow, but cash flow isn't super important important to me in my investing journey right now. I'd like to build up some equity, but I'm struggling to find value-add prop...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...
I have ready many, many opinions on the topic, but never one with my specific scenario, of course. I would love to hear some opinions on what others would do in my shoes. I'm a 36 year old in the Clearwater, FL area. ...
My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...