I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Well, I have elminated TCS Foreclosures after no good things were said. Am looking for one package to get started. Must include Quick marketing plan, Short Sales program and most of all Investor network to cash the...
Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
Purchase price is $300,000. Seller is willing to finance with 30% down. Space is zoned commercial and currently set up as single office but in need of work. I'd like to put up walls and turn it into 5 single offices f...
Hello All!
I must admit to having lurked on this site quit a bit --- but not posting much. Call me the shy type :D
Therefore you don't know much about me and I'll need to lay quite a bit out for you ...
Hello reader,I’m 21 working at Northrup Grumman in California and I’m closing in on $30k saved from employment and stocks combined. Looking to get into real estate the right way from the start. Advice?