Hello Guys, with 150k in cash. Should I buy one property (no mortgage) and rent it for a total cash flow or buy 3 separate properties (with a mortgage) with a partial monthly cash flow? Thoughts? Recommendations? Idea...
Hi Everyone!I'll preface this post telling you all a little bit about myself and how I got to this point today: I am 25, turning 26 in July, and have spent the last 28 months aggressively paying off my student loans. ...
Hi,I need recommendation on how to find a private residential lender that will do loan with exterior appraisal only due to tenant now allowing interior access due to Covid. Purchase price $445k, value $650k. Property ...
Hi Everyone,I am in need of a little guidance. I am looking to purchase a home subject to with an outstanding mortgage of 189K. They currently owe 221K so I am assuming they need to be caught up 32K to avoid foreclosu...
Any Canadian CPA able to advise what is the best way to structure a seller financed share purchase to immediate family?
So I was planning to get this duplex close to the beach in Palm Beach County, FL , to do simple rehab then rent it as a vacation rental. However I was only to able to see it after I sent an offer.
The house is fro...
With purchasing a "second home" at 10% down, we technically cannot transfer ownership to an LLC, per the lender. I've spoken with 2 people now that have waited one year (while still renting out on Airbnb) and then in...
Situation:My mother owns a house in Illinois in the country and has no mortgage or outstanding liens against it except 1 year of taxes that someone someone bought in a tax sale. She was injured in her 30's and now rec...
Hello, I am currently looking into purchasing my first multifamily property (duplex) here in the California valley . Currently both side of the unit are being rented out and one of them is section 8. The property is...
Signed a purchase (600k, 1650sqft single family home in Folsom ranch)contract last year, plan is to get the down payment from heloc(2.5% apr until next year jan, after that it's variable). I also lock the interest of ...