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I posted a similar topic, but I provided too much information. I hope this one gets more posts...
Option 1 - Longer term tenant medium wear on the property, possible flooring repair -pets and kids ( estimate 2-? yea...
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Hi,
This is a tax question for flippers out there. Is HR Block premium a good tax program to capture flip income? If so, under which category do I report it?
My 1st year reporting flip income (had rentals before) an...
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Hi All,I've had this conversation a few times, specifically with my parents and others around me in the south coast Massachusetts area and had a question surrounding "legally binding" contracts that one requires tenan...
I have a contract to buy real estate. Just got the settlement statement, money is in escrow, and the seller disappeared.I did some investigating and have reason to believe he sold it to someone else with quit claim de...
Hi I was recently laid off from a well paying job. I do have some money set a side. so for the current time i am ok. Sometimes life smacks you in the face and you all of a sudden see everything. I originally was p...
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Does anyone use business credit to purchase there properties? If so how does that work?
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Looking for fellow Philadelphians who have had attempted (either successfully or unsuccessfully) to house-hack in the Philadelphia area. Welcoming any tips or advice in finding properties and hearing about your experi...
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I acquired a 2nd position note on a 4 plex located in WA state, the borrower does not live at the property. Its scheduled to be sold this November and I was expecting to get a decent payoff on my note, but the prelimi...
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Hi All,I'm currently self-employed, I know I won't be able to qualify for a mortgage due to being newly self employed. However, I want to start investing in real estate next year. The best ways to combat this I think ...
Question:I'm in a Chapter 13 myself. Is it possible to still wholesale properties? I have an LLC so that's good. But, the property is never in my name; just the contract. And then I essentially have a cash buyer buy ...