BJ Butler
Capital Gain Taxes Discussion
My co-worker is a tax preparer during the tax season. I mentioned to him I am selling my rental & since it's been slightly less than 2yrs since I lived in it, I won't have to pay capital gains taxes. I moved out S...
Account Closed
Need help with flipping(all offers FHA loans)
HI.
I recently purchased a home and just finished renovating it for sale. My sale price is about 120% above what I paid for the property. From my understading I am unable to get the house under contract with an FHA ...
Joe Zouine
LLC vs. corp vs. trust.
I don't mind paying uncle sam but I want to pay the minium possible. Any suggestions will be helpful. I am closing on my first property next week. I'ts under my name which is a bit risky from my understading from a...
Eva Medusa
from the Bronx, just want to say Hi-newbie here
Hi Everyone!!
thanks for all the great post on this web, very helpfull!! :)
i am new in this business and here, just planning to get my first investment property within the next 3 to 6 months, a 2 or 3 family home i...
Mark Limon
Need some help understading the BRRRR analysis results
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hi, I'm very new to this site and I'm trying to get my first deal using BRRRR. I'm ver...
Michael Tyler
Chasing a higher DSCR
I understand that loans based on DSCR are a little hard to come by right now. But barring this whole crisis...
When seeking a loan that is based on DSCR rather than DTI, is there a benefit to maximizing the DSCR? If ...
John Hauser
Financing Dilemma
Hey everyone! I have a rental building that I own with two partners, on the south side of Chicago. We own it free and clear, and it generates a profit of about $600 per month, and will about double when we get th...
Kevin Galus
Deposit Refund
So I have a tenant that just moved out and their dog ate a hole in the dining room carpet. The dining room and the family room are basically one large room. Therefore, I could not replace the dining room carpet only...
Chris Krivanek
Total FUBAR title situation. Need big help.
Ok, so my girlfriend's dad just passed in Kansas City. He owned a home jointly with his 86 year old mother (or so we thought). First of all, he had no will. Overall he didn't have much anyway, so not too big o...
Jim Lally
Rehab vs Wholesaling?
I've been weighing the pros and cons of rehabbing vs wholesaling for the past few months but would like to get some opinions from other people about what they have experienced. I'm a newbie to RE and would really lik...