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What would you seasoned investors do if you had unlimited private money with the following terms:
5% down
6% interest
7 year balloon
25 year am
I'm just starting out with some education and some property management ...
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Hello I’m refinancing a San Diego property and paying off a loan on aHawaii property and my question is the cash out taxable since it’s a loan?Thank youTommy
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My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...
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Single-family home sales fell 19.1 percent year-over-year, with 6,199 units sold, ending nine consecutive months of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 58 days;Total...
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My Question is when should you sell off a Brrrr Property? My Subject property is in Hawaii .There's a saying everything has a price! Any feedback Much appreciated.
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First posting!
I am about to convert my primary residence into a rental property (I had lived there for three years, so no issues there). I have been reading articles all day, and I am having trouble figuring out the...
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Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
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I have a few questions when it comes to calculating taxes on my BRRRR properties I am hoping someone can shed some light on.
1. I want to make sure from my research that I know how to properly arrive at the deprecia...
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My mom has $23000 left to pay off on 12 residential units in the Chattanooga Area. Once that loan is paid off we will free up another $1200 per month. They are two 4 plexes (each of which need new roofs, gutters et...
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Listened to Podcast again 233 last week, with Arianne Lemire. I am interested to learn more about this strategy. Can someone explain to me in greater detail how this works? What are the requirements? Can it be done ...