Daniel Wang
Need suggestion, I want to back out off the offer, can I ?
So I saw a duplex on the market and put it under contract for 312k, I thought it was a good investment.Fast forward, now the appraisal came out and was priced at $280k, after I did more research I realized that I was ...
Vic Caldwell
Doing a 1031 within my SDIRA
I just did my first 1031 exchange selling a single family and buying a 4 plex. I did this outside my SDIRA (Self Directed IRA). It got me thinking about using the 1031 exchange within my SDIRA. Here's my thought proce...
Rahul Gupta
Confused about Taxes situation to get a new mortgage
Hello,
I have filed for an extenrion on my 2021 taxes and want to apply for a second mortgage.
The only way i can qualify for it is by using my income from Airbnb, as my current W2 income will not work for getti...
Chad Keilen
Lansing MI rei seeking re license and brokerage
Hello, I am currently in Atlanta GA and moving back to Lansing MI this spring. In the crazy market I am seeking my realtors license in MI to have a competitive advantage for my investor needs. I am not looking for ...
Austin Gabriel
Lease Option Terms
Hi all, I am structuring a lease option offer on a property and it is my first one. I know there is usually option $ involved and obviously the rent and option to buy time is up for negotiation. Is there any other ter...
Mike Rodriguez
What does everyone think of this strategy?
I have a house thats worth $535k paid off. I want to sell it to get some cash, however, I don't want to be stuck with the timelines of a 1031 exchange. Is it better to just refi out as much as I can and then sell it ...
Lance Jenks
Scaling My Small Rental Property Business in Madison, WI
Hello all. First time poster here, although I have been a lurker for a few months now. I need some advice on scaling my business.Aside from my primary residence, I currently own two single-family houses which are both...
Stacey Cole
Homestead tax exemption
What advice would you give someone who owns a property but does not live in it. The owners address on their drivers license shows the property address and voting card shows that address. However, the own did rent this...
Rebecca Sequeira
Mason Fix & Flip Tri-level
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $123,000
Cash invested: $80,000
Sale price: $250,000
Updated this 3 br/ 3 bath tri-level home - replaced siding...
Olga Kostrova
Financing dwonpayments - how to, 2nd position loans?
Hi guys, how do you structure a financing offer for a private lender/investor to make it attractive for them to take the 2nd position for a fix and hold property?
Let's say, I want to offer equity to a lender but wou...