Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Posting for a friend of mine who would like to remain nameless. Thank you in advance for anyone that can shed some light for him. He is a biggerpockets follower so he will see your posts. ....."Purchased House from...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...
Consider two investors just getting started. One wants to build and is in principle opposed to buying existing structures; the other is only interested in buying.
Which will come out on top?
I know that most will ...
My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
I saw a commercial about real estate investing on tv today his name was Than Merril he was advertising his real estate course,he was saying things like you don't need any credit or no money down. Has anyone heard anyt...
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
So I'm from Los Angeles and thinking about investing out of state in the near furure. Just looking around on realtor.com I'm amazed to see homes listed at as low as $30,000 this has me wondering, can one finance these...
Long story short:
- This guy, call him "Yao", bought a house for $400k a few years ago
- For whatever reason he wants to get out from under the mortgage but he's been making all his payments. His credit history is b...