
29 January 2025 | 5 replies
You’ll have 45 days from your sale to identify them and you’ll have to buy enough of them, and only them, within 180 days of your sale to meet your 1.1M requirement, or face taxes.

27 January 2025 | 9 replies
They do require that person to have no assets, so a house in her name could be problematic.

28 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

6 February 2025 | 18 replies
@Jerry Velezstrongly recommend against doing this.start with a house hack instead.make it your mission to house hack.did i mention house hacking?

23 January 2025 | 10 replies
Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.

27 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

15 January 2025 | 12 replies
To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.

27 January 2025 | 6 replies
The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements.

21 January 2025 | 4 replies
This is required for most landlords in the city, as part of the rental property registration program.

1 February 2025 | 14 replies
The deed transfers to the trust without triggering due on sale and that is the only item requiring recording in the process.