Michael Swope
401K and IRA or save all for real estate investing?
I was wondering if i could get everyone's thoughts on not investing into my 401k and Roth IRA anymore. I currently utilize my companies matching of 6% and put 250 a month into my Roth IRA. Been really hands off of my ...
Patrick Wood
Multi Family Financing
I am a general contractor/RE investor. I currently have 18 single family properties and would like to get into multi family. This property is owned by another contractor that is retiring. It is very well maintained...
Nick Lamberis
Starting out question about own home house hacking?
Looking to start small and buy a small multi-family unit and go from there. I am currently "house hacking" my home (renter paying essentially my mortgage and association fee). I cover taxes and utilities. I have...
Yahya Nyang
What’s the next move?
I see an opportunity to get a 4 unit apartment for 29k with excessive water bill and taxes. tenants pay $600-650/mo and must be closed within 5 days of accepted offer but I’m a total newbie to this game with bad credi...
Kyle Sharper
potential investor
hi guys/girls,I am interested in owning a home in my town with the desire to rent it out within 5 years of me living there. Majority of the homeowners in my town are paying way more in taxes than what their property i...
Alark Patel
Tax Writeoffs - Step by Step Process
I just created my LLC and am wondering what the process is to write off business expenses? Looking to write off the BP Pro, travel cost to look at properties, and a new laptop. Curious if I should keep receipts, and w...
John Honcharuk
Refi vs. Traditional
Thank you in advance for your suggestions.I have a single family home that I would like to rent as we may be moving to a new location within the same subdivision.I have a significant amount of equity in our home and w...
Ricky West
HARP loan Refi help?
Hello,
My mother currently has an investment property that is financed at 6.375% she mortgaged in 2003. Now a mortgage company has reached out about Refinancing at 3.75% (4.089% APR). Supposedly this will save $17,00...
Jack B.
Realities of cash out refinance after 1031 exchange
I've read/heard that doing a cash out refinance post 1031 exchange can allow you to tap equity tax free. But does it really?It seems you can also not deduct the interest expense tied to the cash you just took out, UNL...
Tom K.
Auction.com and checking for Liens (Quit Claim Deed)
Hello all! I am hoping for some GUIDANCE as I am interested in bidding on an auction.com "Quit Claim Deed" bank owned property. Obviously the last I want to do is win the bid to find out later that there are signifi...