Waylon Bruce Moore
Inherited a House... Sale or Rent? Need your Wisdom!
My father passed recently and we inherited his house. The house is 3200 sq ft, 4 /2 that needs a medium reno ( new paint, flooring, bathroom vanities, and kitchen cabinets). My question is should we sell the house "as...
Troy Forney
During the last crash, how did you fair? Did you hold through it?
We had one rental at that time. We had a little bit higher turn over and rents did not increase maybe went down a hair. Is this consensus for most of you that had rentals then. I ask as I am analyzing the risks of hav...
Account Closed
lease option multi-family?
is it the same thing as a SFR? i read that you cant really do lease options with multi families, is that true?any tricks to getting multi-families when they have little equity?
Jacob W.
How can I back out of an agreement with a seller if needed?
I'm working with a seller that wants to sell their vacant land. I was planning on assigning this to an end buyer that I have lined up. The problem is the price that the seller wants is quite high and comparable to on-...
Russell Roberts
Tax effect of personal residence cash out loan used for investing
I did a cash out refinance on my primary residence in 2017. I did Not use the loan proceeds to buy, build, or substantially improve my primary residence. Instead, I used it to fund other real estate investments. So...
Katrina Schmid
Hold or Sell???
Hello everyone!I would love some advice on a situation we have with our first ever REI. We have a SFR in Lakewood Co that we were able to rent out last year and our current tenants have informed us they will be movin...
Account Closed
Lenders best suited for Rental Income Investing
Does anybody have any great REI lenders they can suggest? I've been through a few and haven't gotten a great feeling from any of them so far.
Yi Chu
Credit Card for LLC
What is the requirement to get the approval of credit card for LLC? Can I use my personal credit card for LLC expenses? If I can not use my personal credit card, which bank do you recommend to apply for credit card?
Josh Good
Jumbo refinance in the Smokies
Anyone done a traditional jumbo refi lately? I have an STR in Eastern TN which I'm fairly confident has appreciated to over $1 mill and I want to pull out more than the conforming loan limit allows. I found a lender t...
Christian Hutchinson
Brooklyn Condo or Co-Op Conversion
Hi have a close friend who been living in Brooklyn for 11 years now. His building is being converted from apartments to Condos or Co-Op. They are offering current tenants $625K to purchase their places. His is 1000...