26 June 2025 | 1 reply
It doesn't seem like a great way to maximize your profit to target this specifically.
12 July 2025 | 5 replies
Or to just stick to ones with opening bids?
25 June 2025 | 5 replies
I would take a few minutes to ask yourself what YOU think is the best way to screen your tenants.
22 June 2025 | 8 replies
Also how would you go about paying them back monthly or what would be an exambled amortization schedule?
23 June 2025 | 6 replies
If its passive and your income is above $150,000, you may want to continue withholding as normal as the rental activity will not reduce your taxable income.If you are able to claim REPS or if its a STR treated as active for tax purposes, you may potentially be able to reduce your taxable income and you may want to see if its possible to reduce your withholding.Have a conversation with your tax accountant before proceeding to reduce your withholding.
25 June 2025 | 4 replies
Though tapping into this if I have to go another route for acquisition and rehab does not make to much sense to me unless I use said lien for emergency funding.I do have the funds to cover the down payment if I go the hard money route as I was hoping to keep the acquisition side simpler via HELOC, though I don't think that will be possible this time around concerning the market in my region and what I have available to work with.If anyone has a lender they recommend or knows someone who could walk me through the best options for my situation, I’d really appreciate it.
21 June 2025 | 15 replies
The reason for the 1031 over a refi usually comes down to being able to access all of the equity to purchase your new properties.
22 June 2025 | 2 replies
Would need to understand if it is warrantable, location, down payment amount and DSCR ratio and credit score range and people could easily get you quick quotes. if it is florida it will be a lot more challenging.
25 June 2025 | 5 replies
@Amanda Shire Welcome to real estate!