Doing some year end math and I'm looking back across the last few years. On a SFH the second year the cash flow to taxable income on my sch E was .39. It jumped to .81 and .84 the next two years (if I did my quick cal...
I am a new investor. I came across a property with lots of equity (about $520k), but it has loans totaling over $2M. I think the loans are for a business or something else. It doesn't say but it shows up under mortgag...
One thing I don't see people touting a lot is how illiquid MFH is in the commercial realm. I've looked at properties all over the US for the past two years and then some. They are all still available....Doesn't matter...
Anyone know of banks/credit unions that will do this on non-owner occupied properties? I've gotten a few through America First Credit Union, and am interested if there are any other options out there. Thanks!
So I'm working on using the rental property calculator for the first time. In my theoretical world, I'd pay cash for this rental property and assumed that the county assessor would assess the property value below the ...
Hi BP, Advice Needed I Bid and won on a property from New York State Online Tax Auction. Downpayment was accepted by county. 5 Months later I was notified of litigation on the property between prior owner & coun...
Not a HELOCFor the sake of example, let's say a home appraises at $100,000 I have $55,000 in Equity and owe $$45,000 at 3.75% on a 30 year note. I've found an amazing deal and would like to use some of this Equity to...
I purchased my home during the low end of the market in 2011 for 108k. I've been renting the 2 beds out for the cost of rent and maint. for 5 years while living in the 3rd bed. Now, the value has gone up to ~160k and ...
I bought a house recently as a rental property. I used the realtor to find a tenant in order to fill quickly. The agreement was 84% of the 1st month rent was to go to the agent ($1600 month/rent, $1344 to realtor). Th...
I assume the loan would just become the debt of the estate. Would it then have to be paid off in order for the heirs to close the estate through probate? Or is there a way around this?