However, the 10% early withdrawal penalty will still apply unless you qualify for an exemption.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?  

Aside from all of the systems that lenders use to find undisclosed debt, one of the questions you'll be asked on the URLA/1003 (the application required for all primary residence mortgages) is basically "Are you responsible for any debt besides what we have already found?"

You still need to qualify leads, and the carrier obstructions that come and go can derail your momentum.

Hey everyone I'm a new investor and long time resident of the Chattanooga, TN area.

To qualify for REPS, the taxpayer must spend more than 750 hours per year in real estate trades or businesses in which they materially participate, and more than half of their total working hours must be spent in real estate activities.

What credit score do you think tenants qualifying for government assistance will have?

It's supposed to be our primary residence so we are running out of time to move in since we should move in by Nov 1st.I was thinking about changing just the basement plumbing to copper and waiting till I renovate the rest of the units to change their piping as well.

Hi there,Considering a duplex as your primary home and renting out the other unit is a great idea, but you need to understand how interest rates work in this scenario.When you buy a duplex and plan to live in one unit, you can still qualify for a residential mortgage, which typically has better interest rates compared to commercial loans.