Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,500
Cash invested: $1,500
Sale price: $86,743
This deal I bought with the intention of flipping. It came w...
I understand the value of a great accountant, lawyer and insurance agent, however I am just curious, as a novice investor, how much I should expect to pay for 2014 taxes.For years 2012 and 2013, I paid $925 for an acc...
Hi All,I have the opportunity to purchase 3 trinities in the center city/bella vista neighborhood in Philadelphia but I'm having some trouble analyzing the opportunity and putting a value on the buildings.Note: Trinit...
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
I am currently living in my first house and in the middle of doing a rehab on the property to turn into a long term rental. I live near the Jersey shore in ocean county and was thinking about my next move. I was think...
Any of you ever brokered a jumbo loan for a full time self employed medicinal pot dealer? Who did you use?It's all legal (CA legal, anyways) and on the borrowers tax returns and all that.
Any attorneys on here who specialize in probate in Virginia? I am trying to figure out how to buy a SFH property in a small town in SW Virginia, but the probate issues seem to be a tangled mess.The property is unique...
First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
Hello, I have a mortgage on a duplex. ($1,200) a month includes taxes and PMI. I have not rented the upper unit since my wife closed her group home upper unit. I mention to her we might as well buy a single family hou...
Hello all,I've heard it said that a beginning investor should analyze 3 deals per day even if he isn't buying presently. I started to do just that and I quickly found that analyzing 3 deals per day is giving me fits. ...