All Forum Posts by: Duc Ta

Hi,

I’m currently have 3 props as a portfolio. Looking to expand my portfolio to the fourth one. Bt due to the recent covid, no jobs and i only a self employ with rental income. Would be great if anyone can show me any company with no docs mortgage loan. Saves enough for a 20-25% down. Looking for props in birmingham alabama less than 50k or from 50-100k so i need a no doc loan that can do business in alabama

You can buy a SFH and live in one room or basement then rent out the rest. Where do you live bro. I think depends on the state, your money is enough for a 20% down payment.

Hi,

After getting few SFR, I'm thinking to saving to put a down payment for small apartment complex like 10 units or less bt greater than 3 units. I just want to know the pros and cons of it. How much is the property tax coz I heard that the property tax will be treated differently for commercial properties. Any ideas please and reads or podcast would be appreciated.

I intend to buy a property and rent it out. How does the 1031 exchange works?

Best,

Duc Ta

Hi,

I want to purchase tax deed in California. No lucks in searching online. If anyone have, shoot me an email here

Hi,

I just bought 2 props. Current value at 30k. I want to increase the value to 50k. Is it feasible and how?

Hi,

I just wonder how to estimate the repair costs for the fix and flip property

Is 1450 each props? I'm kinda interested. PM me

You live in a duplex. Rent out the other unit and use that to pay rent (I think both unit has 2 beds and 1 bath). For her, let her pay the groceries and part of the utilities. That's what I did. 

Hi,

I'm a new member here. I currently have 2 props. Have a question that I'm not 100% sure. Sorry for being a noob. It is about the home equity. I intend to use the home equity to buy another props. I'm kinda confused here. So you withdraw the equity from your props then buy the house. 

The confusion here is: 

Does it have to be 100% buy out (buy the props completely without mortgage)? 

Can you have (or is it possible) a mortgage for the property and use the equity as 20% or 25% down payment?

Once again, sorry for being a noob.