How risky is using balance transfer checks from business credit card as a source of funding to invest in cash flowing apartment complexes? If I was to do this, should I already have property lined up ready to invest i...
Fellow rehabbers
I just finished rehabbing my first home and put it on market. I had multiple offer and am in contract within 8 days on market
The buyer is a FHA buyer and the under 90 day flip rule applies. The len...
Good evening all,
The short term rental that I’m looking at is a rural vacation destination. I grew up there as a kid and knew that it would be difficult to find reliable contractors for maintenance and cleaning. It’...
Hello everyone!
I'm looking for advice on the tax implications that come with transferring title from an individual into a LLC with 3 members. A couple days ago I purchased a multifamily up in northern California and...
If you plan on house-hacking, especially in a duplex, you effectively cut your potential rent in half. And if your total rent is halved, the numbers you run on your analysis are not going to be accurate. With that sa...
Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
Hello Everyone,I'm a relatively new investor and ready for my next deal. After reading through various forums, I find myself very excited about the prospects of engaging with like minded individuals. I made my first d...
I'm tossing this idea around. The first two months were included in my staging fee that I paid upfront and every month after that they charge me 15% of the staging fee per month. I already have pictures on the ML...
Hi all - I am house hacking a Fourplex with a good sized backyard. All the tenants have been very good so far, and one recently asked me if they could set up a few patio chairs in the backyard. I said yes already and ...
Hello all! I have a rental property that has an ARM and a our current residence that has PMI. Question is do we pay down to get out of PMI or do we pay off the rental? PMI is about $90 and interest on rental is about ...