If the seasoning period for a cash-out refi is 6 months, do I need to wait 6 months to apply for the loan or does it just need to close after no less than 6 months? The latter makes more sense, but these rules aren't ...
Hello, I purchased a washer/dryer and coinbox for my 3-unit property back in October. I was wondering if this is eligible as a business expense - or another type of qualifying deduction - so that I could finish up m...
If I start a house flipping BUSINESS under an LLC, do I still pay capital gains tax like an individual would?
Hello!I'm new to Kansas and new to real estate investing. I've played with stocks and crypto and still hold both, I also love physical Gold and Silver Bullion (not really an 'investment' in the regular use of the word...
I’m in the early stages of looking at an 8-unit apartment building and would love some feedback on my numbers to see what others think of this deal (or no deal). I visited it this morning and was only able to get int...
Hello BP,I have an apartment opportunity that I’m carefully considering. This is my very first apartment/commercial property deal and I would greatly appreciate any help with the deal/analysis as I definitely do not w...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $190,000
Cash invested: $25,000
Purchased as my second investment through local credit union...
I went to see a property that the son of the owner wants to sell. The owner is his mother and the children are preparing to place her in a nursing home. Once they admit her, the nursing home will take control of the m...
The original plan, and hopefully still is to cash out refi current home. I can cash out 90%. Currently owe 101k and would refi at 135k with 3.73% APR. Leverage equity into another property down the line after getting ...
I have a unique situation. And it seems difficult for insurance companies to wrap their heads around it, but I've been told it's very common in places like DC and San Fran.My W2 company is located in Florida, I'm in t...