New Home owners beware!

After that year, you can move and purchase another property with an owner-occupied loan, as long as you intend to live in the new property as your primary residence.

In short, if I invest $100k on a new property for long term rental, I want to make sure that I can position the $100k fully as a business loss in 2024 reducing  my total taxable income by $100k. 

My wife and I purchased our first rental property here in Maui in June of 2023 to use as an STR as it was a consistent market, numbers worked, and we live 5 minutes away from the property so self-managing made sense! ...

My wife and I have been doing an MTR-exclusive startegy for 3.5 years, and we still have a hard time figuring out how to predict vacancy, especially in a new market that we're considering.If we look at FF's (pretty crummy) data on their website we either see very few listings, so we think "no one is investing here; bad" or we see a lot of listings and think "too much competition; bad". 

I am not sure what the Denver market is like but there are not too many HOA neighborhoods in this area unless you go east in areas like Brandon, Ruskin, Valrico (which are good areas to flip in) or North of Tampa in areas like Land O Lakes, Wesley Chapel & New Tampa.

Hey all, I'm new to investing,.

I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.

You buy a house near your New Jersey job, and you plan to move to Florida a year later, once you get your 401k vested and can retire.

I'm not sure how much I'd expect to pay for closing cost.One is without payment assistance; the other is with the new generation loans in Minnesota.