Jay E.
Should I Rent or Sell this Townhouse?
I live in a townhouse in a great, central location in Miami that I purchased about 3 years ago for 317k, with $245k remaining. It's a two story, 3bed/3bath that's within walking or biking distance from many restaurant...
David Moore
Private Funding
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...
George P.
IRS, Owner financing, and simple interest
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...
John Walter
$0 down on a duplex in NJ and Living for Free.
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...
Weng L.
Max out HELOC before sell then 1031?
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...
Sohrab Ansari
Need some advice
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...
Tyler Relph
Overcoming fear - first investment!
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...
Travis Bronik
Multi Family Cash Flow Monster
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...
Jeremiah Clark
Property Manager in Lewiston/Auburn Maine
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...
Joey Swearingen
Overcoming hesitation on heloc
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 ...