Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
26 December 2024 | 3 replies
For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.
Jesus E Martinez
109 Alto - Ruidoso
19 December 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 replies
The down payment is 25% down for single family residences and 30% down for 2-4 units.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
Save...it takes a lot more money than most new investors believe (don't drink the Kool-aid that you can get in cheap) and residing outside the US will be seen as a substantial risk to most lenders which will limit your financing options.
Alex Bockey
AirBnB; what's better, condo or house?
27 December 2024 | 8 replies
If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative.
John Arena
First Tier Beach House on Cape Can Blas
20 December 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment.
Aaron Provencal
This was our 6th fix and flip
19 December 2024 | 4 replies
Investment Info:Single-family residence fix & flip investment.
Erin Helle
One month left in 2024 - What are your Goals!
23 December 2024 | 20 replies
I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.
Jacob Kurian
Newbie FHA Loan
16 December 2024 | 5 replies
How long must you wait before being able to rent out a primary residence property from a lending perspective?
Andrew Grimmett
Capital Gains from the person selling to me
23 December 2024 | 5 replies
You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.