Looking for the whiz kids out there to lend some advice on acquiring private financing. Now, here is the deal. Next month I'm closing on property #3, and that has left me a little cash shortage. At the same time, a...
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $535,000
Cash invested: $12,000
Sale price: $545,000
Purchased a duplex as a house hack in Elizabeth, NJ...
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
This is my first post. I love the community in here. I need some help deciding. I really want to get more into investing in real estate. 5 years goal is to have 20k/month in passive cash flow. I bought a condo back in...
Looking for some guidance (and a vote of confidence)...I currently have a VA loan on a 3/2 that appraises for 165K with a loan of 149K (mortgage just under 1100 including P&I, taxes, and insurance). Current rental...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Eastpointe.
Purchase price: $1,555,000
Cash invested: $400,000
32 Unit Apartment Complex with significant upside. Purchase...
Hello, first post here. I am looking for recommendations for a PM in the Lewiston/Auburn area. I am currently looking at a few different properties in the 2-4 unit range. I work overseas so I wont be able to manage th...
I want to tap into my equity to get another rental, but I have a hesitation or fear of doing a heloc because I don't want another monthly obligation to worry about. I have an amazing rate on my mortgage of 2.85 so I ...
Hello,I am planning to pursue my agent license in next couple months. I figured that which school I am planning to attend. At the moment, I am not planning to be a full time agent. The purpose of getting a license is ...