Hey guys, I just recently passed the Texas Real Estate License test (whew), and moved back to the DFW area. At this point, I don't think residential is the direction I want to go, but I got the license to show dedicat...
Can you buy properties under 50k with cash and then move them to conventional financing?
We recently bought a property with an extra lot. We're looking to build a 3 flat.What is the cost to build a 3 flat and 2-car garage? I'm sure if varies, but I just want a range to help decide what to do.Land is in ...
Hi, I’m a real estate broker in New York. I just got my broker license recently though I’m still with a brokerage that I was a salesperson with before.
A friend who is also a licensed broker wants to open a brokerag...
Hi, I found this article on Rocket Mortgage about taxation on rental income: https://www.rocketmortgage.com/learn/how-is-rental-income-ta...There is one more line at the bottom that says $174K + 37% for 578K+ for sing...
I've bought a number of houses over time for my personal use so am familiar with how the transactions work in general. Also, my wife has her MLS license so we have access to MLS, State forms, etc.My question is, I've...
Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
Hi all,
I've nearly finished rehabbing a SFR that I intend to rent. The numbers, rent comps, etc work well on it.
However, just for kicks and giggles, I'm playing around with the idea of selling with se...
I'm exploring becoming a hard money lender but I'm trying to figure out what I need to do. I think I can make 5 loans without getting a license.... But if I go over that I think I do but it looks I will need 3 years m...
Hello all!
I'm a novice, so forgive me if I sound naïve.
My property (owned free and clear of any mortgage) is appraised at 100k.
A lender has offered me this to refurb the house:
Loan $30...