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29 January 2025 | 10 replies
When you live in that duplex for 2 years and then sell you'll be able to take 50% of the profit tax free (the allocation for the side you lived in).
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29 January 2025 | 7 replies
Hopefully you guys can help answer this for me......I live in West Virginia and primarily invest outside the state.
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4 February 2025 | 7 replies
This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.
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4 February 2025 | 6 replies
Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.
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27 January 2025 | 4 replies
I live in the greater Maryland area.
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23 January 2025 | 1 reply
When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.
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1 February 2025 | 22 replies
I live approx 60 miles north of Atlanta.
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23 January 2025 | 1 reply
You could bring less down and possibly have a lower interest rate since you will be living there.
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29 January 2025 | 6 replies
The company I currently use for my other investment homes said they don't offer management for any co living... unless everyone in the home is on one lease.
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28 January 2025 | 6 replies
You'll need a contact who lives in Philadelphia for a rental license now to put down their contact info for the city.