John Delacruz
New to rehab business and good advice to consider ???
I’m looking to make my first purchase on a rehab home to flip using a hard money lender. Finding it difficult to find my first deal and not sure how to go about possibly purchasing a foreclosure home. Any advice or su...
Kristopher Raepple
How does class A affect long term market?
As someone who has only invested in the upswing from 2010 forward, I am curious how new build class A apartment buildings hold up over time.IMO the appeal is the new look and feel of the property that drives the highe...
Rachana Mukherjee
Capital Gains tax proration?
Details
Condo purchased in November 2010 and occupied as primary residence as follows:
Purchase price 143K, current value 380K
Owner occupied = 3.6 years (November 2010 - June 2014)
Rented out = 4.7 years (July ...
Robert Palladino
Is umbrella Insurance recommended
I am purchasing my first investment property. It is a SFR in Philadelphia, PA. The property will be bought with cash, and owned in an LLC. My question is this; Above Landlord Insurance, is it recommended to also carry...
Obi Emegano
Vinyl siding houses
Looking to buy a house with vinyl siding in Edmond, OK. What are your thoughts on vinyl siding? What are the pros and cons? I am worried it will not rent as easy as traditional brick house. Is this something to be wo...
Account Closed
My retirement plan is no good. Looking for advice on 2nd plan.
After being retired for almost a year ago, I realized that my original post-retirement plan was no good. I would have to sell one of my two properties to reduce my living expenses and that is not what I wanted to do...
Steve Davis
Will banks refinance at an LTV that doesn’t cash flow?
Looking to eventually refinance a 7 unit apartment... will banks refinance at the appraised amount on an LTV that doesn’t cash flow? Say -400 to - 600 a month or so...I don’t mind absorbing this overhead if it means I...
Caleb Henry
Buying Property In The Military With a VA Loan.
Like I stated I have purchased a house (condo) while in the military. I am getting out in 7 months and I'm not sure if I should sell or keep it for value. Any advice is appreciated.
The numbers are as follows. I pur...
Reyes Velasco
Question about conventional loan owner occupied
Hello have a couple of questions if i can help get the answer or suggestion on what to do.I purchased A condo in long beach California, last year in June. I got a conventional loan owner occupied, as i was planning...
Edward Briley
100,000 Dollars in cash that needs to be invested
I have a friend that has few properties that he is renting and wants to increase his portfolio. He has a $100,000 cash he wants to invest. On top of this, between him and his wife they have more than $150,000 in cre...