Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
In short, I purchased my primary residence in 2017.
Allen L.
I need loan options for primary residence
16 December 2024 | 19 replies
Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.
John Perkins
1 of my Properties
13 January 2025 | 4 replies
Quote from @John Perkins: Investment Info:Single-family residence fix & flip investment in Success.
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
I was preapproved with that amount before, but it was for a single family, primary residence about six months ago.
Malcolm Grundy
St Louis Single Family
10 January 2025 | 3 replies
Quote from @Jaycee Greene: Quote from @Malcolm Grundy: Investment Info:Single-family residence buy & hold investment in Saint Louis.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
17 January 2025 | 5 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
Here's how they break down:Fannie Mae HomestyleMinimum Down Payment: 3%-5% (Primary Residence) & 20% Down (Investment/Second Home)Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: Per County Loan LimitsOccupancy Types: Primary Residence, Second Homes, and Investment PropertiesUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements (e.g., new roofing, foundation repairs)-Cosmetic Enhancements (e.g., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
McKenzie Stouffer
New STR in South Carolina
14 January 2025 | 1 reply
Investment Info:Single-family residence other investment.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
In our communication with prospective residents, we make this clear.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence.