Hi all, hope you are well this evening. Considering the following scenarios and would like opinions about whether the IRS would consider them allowable transactions, please.
My brother and I each have our ...
As I am reading around I am wondering if this strategy occurs or is even possible. In buying a home for myself if I notice a house that has been for sale for a while or is for sale maybe through craigslist is it poss...
BP, I'm just starting in REI and still looking for my first peoperty. I feel kind of lost with everything; what niche to start in, how to finance, realtors, lawyers, and GC's. I want to start with a business plan to f...
Has anybody had to deal with a total lack of support for their spouse or loved one when beginning their investing career? How did you deal with this? My wife is very hesitant for me to start investing again now that...
I am buying an 11 unit apartment building with a commercial mortgage and have the two following financing options: (Both are 20% down, amortizing over 20 years). Purchase price $640,000A) 4.25%, adjusting every 5 y...
Hi all! With rates low but purchase prices high, and uncertainty in the air, I've had an offer accepted. It is my first attempt to get my foot in the door with buy and hold real estate and I'm not gonna lie I'm scared...
Start slow—or take off like a rocket? When it comes to real estate investing, the choice isn’t the same for all. This week, our guest Paul Thompson made a clear choice: Rocket! After realizing the fragile nature of hi...
What would be your investment strategy to scale the quickest and why? Choice 1: Smaller and "more affordable" market. Purchase 2-3 properties cash and renovate each property to have ~120K equity in each to rent an...
I'm about to close on my first deal on a 3 unit in Chicago FHA financing and am looking for lending options for my next deal. The Homestyle loan seems like a good choice as I'd like to find a deal, rehab the property ...
Can an FHA loan be assumed if the intention of the purchase is to be an investment and not a primary residence?Thanks in advance.