I am currently looking to get into my second multi family home. My first property is a multi family joint owned between me and my business partner, we have an equal stake in the property. Naturally we split the income...
Hello all, I had a question about the FHA 3.5% down payment loan. To my understanding, for instance if it is a 4 unit property, to qualify for this loan, 3 of the 4 units must cover the entire mortgage. Does anyone kn...
I'm trying to get any info or tips or even advice on what i should do. Looking for a 3-4unit using FHA Loan but switched income source back in April so previous returns reflect old income source and currently income i...
I bought a house almost 30 years ago. Lived in it for 15 years. Started renting it out about 14 years ago. Monthly mortgage pymt is $500. It has a mortgage balance of $1600, and will be paid off in February 2015. ...
I currently own one property through an FHA loan and I am looking to acquire a second one. I found a deal that would be cash flowing from day one. I would move into this new property and fully rent out my current 3-un...
I just bought my first rental in 2018 and was just issued my first 1099 MISC. The number in the rent box that was issued by my property management company is more than double what I have in my records as received ren...
Just had an interesting conversation with my CPA, he says he has never had as many audits ordered this month, and he has been doing taxes for over 20 years. Basically, the IRS is interested in how filers with low earn...
So since I am self employed and wrote off a lot on my taxes.. I am only able to be lent about 104k
I'm looking at properties that are 100-130k
I have 26k saved
Rents should come in around 900-1100
Taxes around 900-...
Has anybody participated in tax lien certificates? Can you please share your pros and consThank you Mary
Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...