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Thought this was interesting and worth sharing. I have a personal mentor in my network worth approximately 80 million. He primarily invests in multi-family real estate; however, I recently discovered that he holds nea...
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Hey I am new to real estate. I Refinanced my house to rent or flip a house paid off. My question is. If I a keep as rental. How do I go about taking equity out of a house that is paid off. I will need to get insurance...
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Hello, I just thought I'd ask this question and see if there was any way I could go about this. I currently rent a 3 bed house for $1,200. The rent went up this year, it was previously $1,050. It's my girlfriend and I...
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The recently released update extension not only delays the tax filing deadline to October 16, 2023, it could also extend your 1031 Exchange deadlines until October 16, 2023 as well!
For example: Typically, if you wer...
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Hi We were about to lock in a loan with visio lending for a short term rental(airbnb) investment property and the loan agent mentioned. The intent to go with them was to make sure we this deal doesn't affect our perso...
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Well, I was all proud of myself that I had gotten a seller to accept seller financing on a property I felt would be a good long term investment..... now I come to find out he has a mortgage on the property, and wants ...
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Hello,
I am new to investing in real estate. We are considering purchasing a slab Twin Home in our town. It has been held by the original builder/owner since 1986. The home is currently rented and he is jus...
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I own several rentals and am tryign to get more into rehabbing and BRRRR or Flip. I've done light rehabs but this one will be much bigger. Here are some details followed by some pictures.Yr Built: 1975Sq Ft: 22503 B...
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Three years ago I bought my first big rehab project for $81k, and got a 10 yr. construction loan from a local bank to rehab it. My interest rate is at 4.5% and I still have that loan. It's a historic house and I tur...
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So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...