Need a bit of advice on this... Here's the situation.About 5 years ago I took over the mortgage payment for my mother's house ( I don't live there, currently renting an apartment with my wife). I never realized this w...
So I have a commercial property that my parents gave me control of a couple years ago. After much headache and of learning what and how to do things I have decided to sell the property. There is not much owed on the p...
I have a few commercial real estate loans which are fixed rate for 5 years on a 20 year amortization schedule.
My lenders assure me that at the end of each 5 years, I can get another similar loan with the prevailing ...
Hello Bigger pockets community! I’m an now learning the hard way about how important it is to make sure the numbers and math behind a deal need to make sense in order to do a deal unfortunately.I bought my home to liv...
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
I found a great vacant home and I found the owner. The problem is that the owner doesn't believe she has control of the property anymore, since she went through bankruptcy. The house is slated for tax sale for $4...
I am looking at purchasing my first multi family ~40 units. Would it be wise to structure a out of state LLC (Nevada) for anonymity and asset protection? I currently have an instate LLC which has 4 Properties in it...
Is it just me?
I look at most multi-family deals I come across - and most are in California - but all the same ...
Why do "investors" pay 2x or more for buildings?
Examples ...
Small town - 14k pop - 7 unit; s...
So is it foolish to take home equity and put it into Tax Lien Certificates????? Let’s say someone has a dozen rental houses paid off collecting rent would it be foolish to take the equity in those houses and make even...
Carl Fischer had reminded me of an article I wrote two years ago. The gist: Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...