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Has anyone ever bought a property off Craigslist to flip? We are looking right now, and there are some great deals. However, no one is answering their phone, and we have noticed that we are calling the same 5 numbers ...
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Let me explain in more detail.For Buy and Hold investors, does anyone make >$100 of cash flow per hour worked doing RE, this includes searching for deals, leads, paperwork, tenant screening and selection, talking t...
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I have a question for tax experts out there. Let’s say I did a 1031 exchange and chose a replacement property worth 100k, fully paid with cash from the exchange. Then I rent this property to my son and after two years...
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Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
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I have a deal under contract currently for $130,000. It's a tri-plex in Louisiana. I'm in contact with a local commercial bank and the seller is willing to finance the deal at 8% on 15 years or I can get a loan from t...
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Hello,
I am a first time home buyer and was thinking of buying an out of state rental property first. The second home I would buy would be my primary residence in a much more expensive area like NYC where I would be ...
So, the day has come to finally figure out how much your rental property income will affect your child support payment. You won’t be surprised that many states consider that pretty penny a critical component when calc...
Hello All,
My husband and I are interested in selling our home, building a triplex and living in one of the units. What’s the best way to get this financed? Would the bank count this as our primary residence? Would t...
Hello All,
My husband and I are interested in selling our home, building a triplex and living in one of the units. What’s the best way to get this financed? Would the bank count this as our primary residence? Would t...
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Out of curiosity, when investors says "I have X doors", are they including those they are in partnership with?
I have heard many say things like "I have purchased 15 properties this month", but I am never sure if he...