Michael Lleverino
Financing alternatives
I've been contemplating using HML to buy my 2nd property. My understanding is that HML will lend you money for about 6 months allowing you to sell the property or refi to a standard long term mortgage. Problem is...
John Vandivier
Subdividing R-1 vs R-2, VA (Fairfax County)
My understanding is R-X designation indicates residential where X is the number of dwelling units per acre allowed.I fully understand why a second dwelling unit could not be created on this R-1 zoned lot of about .6 a...
Hjiorst Fjioords
1099-MISC Rental Income and Box 3 "Other Income"?
This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...
Matthew Kuncl
Investor Friendly South Florida Attorney Needed
We are looking for an investor friendly attorney in South Florida. We have contacted a couple in the area and they simply fail to even reply which is disappointing considering who recommended them. We need an attor...
David Bates
Best state to incorporate LLC & taxes for foreign investors
Hi All,Merry Christmas!I'm a British expat working in China and have been looking for a way to improve on the poor returns I've seen in China and Europe recently. Some US rental markets do look very attractive, such a...
Geary Crawford
Refinancing after HML on buy and hold property
Hello,I am new on BP, but I have already learned a lot just from reading different things over the past couple of days. This website is a wealth of knowledge, and I really appreciate all of you who are willing to help...
JJ O.
exit strategy rental with fire damage
Greetings Philly Investors! My rental property in West Philly was recently damaged by fire and I am considering exit strategies. Does anyone have any experience/contacts/leads on dealing with fire escrow? Selling ...
Ryan McCallister
When to move funds to self directed?
Right now I am making an investment in a home I currently rent, then I will flip or rent by the first quarter of next year while living in a majority of the time. At some point after/during this I will be working beco...
Billy Guyette
Apartment complex NOI question
I'm looking at a 40 unit in my area that is currently for sale and owner operated. I understand that the value of in apartment complex is based on the NOI. The owner of the property self manages and doesn't count his ...
Chris Slater
How to fund this deal
Okay, so I need help in trying to figure out how I can find my first deal. I’ve been stuck at the finance part of this whole process. I’m an Agent with an investor mentality just haven’t taken the plunge yet, primaril...