Looking to take out a HELOC on my current duplex rental, the problem is I can’t find a bank to do a HELOC for a rental property. Is there any banks that do this, what are my options? Thanks!
I always thought it would be great if I could take out what I have saved in my 401k and pension plan through my employer and use the proceeds to pay off all my mortgage debt on my investment properties now, as I look ...
We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...
Hi Everyone! After strategizing for months on how to finally start RE investing, I’m seeking to gain additional investing capital through wholesaling. Investors like @lilithompson have shared their wholesaling journey...
Hi,
My wife and I started flipping homes in 2015. We did pretty well. Six months ago we sold our last flip for $300,000. It was on a very busy road 8 miles from Holden Beach and we did not like the ranch layout of th...
I'm looking to buy a business for it's assets (it's a construction rental business). There is a piece of property that has great access and road frontage that's about a 3/4 of an acre with a house on it. The house i...
I have been on auction.com for the last six months and thought I would share my experiences.
1. I continue to place the same bid for a property and always come out the high bidder however I don't ever cross the hid...
Does anyone here have a sample of a letter they send to vacant properties, FSBO properties etc?
I am having a hard time finding examples on the net to structure my own document.
Thank you for your help.
Gerald
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
I'm an investor who also has my real estate license. My primary focus has been on rentals. Now I'm switching gears and focusing on flips.How have other agents, who do their own flips, agreed on a commission with anoth...