I need help exploring my first investment property deal please. I've always had an interest in real estate, but have no experience. A family member owns 28 rental units and wants to do an owner financing deal with me...
Hey guys/gals, Refinancing my owner occupied property with cash call mortgage and they offered me a 30 year fixed at 3.875. I'm just curious is that a good rate during these times? They took the median fico score of 7...
Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
First few questions:
Will the cap removal also remove the possibility of doing a split loan (using part of the benefit on one and another part on another)?
Will there still be a one-time second use option for vacati...
Hi Everyone,I am waiting on TREC to let me know I am goo to take my Real Estate Exam so I can become licensed. There's a few things I have on my mind and I just thought I'd put it out there. I am looking around for th...
I have an overall good tenant who i inherited from the previous owner who is polite, professional, and pays on time BUT she also appears to be selling/dealing used cars in addition to her 9 to 5. This property is a t...
Here is a snapshot of a 4-plex analysis I did on a deal in central Maine. This is a simple 4 box analysis that @Brandon Turner did on youtube one day. I hear people saying they won't take anything less than $250 or $4...
I have 3 duplexes in the Detroit suburbs, mortgage free (plus one sfh, with mortgage not pertinent to this discussion).In 2018, I'm looking to get the brrrr method rolling. So, I sought a cash out refi on the highest ...
Hi BP,Looking for some guidance here. I rent to a blended family when I first screened them I gave them the green light because one spouse had good credit the lady and the other spouse had good income the guy. They b...
Hello everyone,Hope everyone is doing well this weekend! I'm looking at some 6 - 10 unit complexes that require a commercial loan. The loan officers don't mind if I use my own money for the 25% - 35% down payment , or...