I searched for answers to this topic but couldn't get any information. My question is simply if i own 5 rental properties and they each are cash flow positive. How can i get a 6th one? My dti will be reaching 50%. I...
Hey Guys!
So I bought a 3 family in Feb. this year for $550k. I just refied and it appraised for $650k (Def. got a deal on it... it was off market!). It is still below market rents, but we are working up the cash flo...
Hi BP community!
I'm having a hell of a time trying to find guidance on conforming guidelines for a particular refinance I want to do and am hoping someone has some advice..
I'm buying a duplex from my mom that she...
If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is "Real Estate Professional."
First, let's dispense with one myth: Real Estate Profes...
So you are thinking about quitting your W-2 job and diving into the life of a solo entrepreneur (real estate or otherwise), and you are wondering, ‘What do I do about Health Insurance?’
How to keep themselves and the...
Hello Hello BP Peeps,As I get my real estate investing going, I need to know, do I create an LLC or not? I live in California but buy and rent in Oregon. Would I create an LLC in Oregon or Cali? I plan on buying multi...
I read on another post that IRA custodians don't like solo 401k's because they don't get commission. Can someone explain to me the fees & services for a solo 401k vs a SD IRA. I'm self-employed & had someone...
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
So, I had my consult with Anderson Business Advisors yesterday. They ask a lot about your assets and goals. They definitely didn't force me into any predesigned solutions but took what I was looking for and made recom...
Question from an investor: They would like to use their retirement account to invest in RE. From a long term investment perspective (10-20 yrs), has anyone evaluated the financial comparison of the following: 1) Ke...