I purchased the policy through an insurance broker, Moody Insurance Worldwide (301 417-0001).Hope this is helpful.

Or, do I have to stick with 1 (standard or actual) for the whole year, regardless of a new car purchase?

Borrowers usually only put down a fraction of the purchase price, the lender is stuck with the property if either of the above criteria fail.

Your gain is sales price less sales expenses less adjusted basis.Your adjusted basis is purchase price plus improvements less depreciation.Also factor in any passive loss carryforwards when calculating your gain.Your CPA should be able to discuss with you what tax implications would be upon sale.

I'm not overly interested in purchasing properties and having to deal with tenants, broken toilets, etc. - my day job keeps me pretty busy.  

As a younger professional with zero debt, I'm interested in learning more about the analysis and purchasing process of multifamily properties with the intent of executing an owner-occupied strategy.

At what point will I know when we are ready to purchase the next house hack? 

I am looking to purchase my first property but I am wondering if it would be ideal to rent to a section 8 tenant on disibility.

If you're planning to stay in the area for several years, and the numbers make sense, purchasing a home could be a prudent decision despite broader economic uncertainties.

Hi All, I've been considering moving OOS and hope to purchase my first property.