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13 February 2020 | 3 replies
For anyone that is well-versed in this topic, have any tax laws changed recently>The article mentioned: https://www.kitces.com/blog/limits-to-converting-rental-property-into-a-primary-residence-to-plan-for-irc-section-121-capital-gains-exclusion/
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27 February 2020 | 2 replies
Upon a walk through before closing, we discovered the occupants are still there.The purchase & sales agreement stated that "buyer shall obtain possession at closing - property shall be free of all tenants & occupants as well as personal property".The mother of the family owned the property; she lives in Michigan.
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16 February 2020 | 4 replies
I live there for free and make a little extra cash flow every month.I quit my job in August 2019 since I had saved up enough cash to buy a home and then travel for ~6 months as I get my blog business off the ground.I want to purchase another property (personal residence) this summer (when my one year mandatory primary residency is over) using an FHA loan, and turn my first property into an investment property.I have great credit and enough cash to do the deal myself (if I can get the 3.5% down FHA loan) and if I can't my sister and I are going to go half and half on the new property - I live in it for a year, then turn it into a full rental the next year and repeat.My problem is that I don't have a job right now and haven't been making too much money from my blogging business (yet).
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4 September 2021 | 5 replies
Here is some local section 8 info. https://www.biggerpockets.com/member-blogs/13355/91152-what-you-need-to-know-about-section-8-in-baltimore
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19 February 2020 | 11 replies
If you haven't read this BP blog post yet, then I strongly recommend it: https://www.biggerpockets.com/blog/build-wealth-va-loansI am currently working with a US Army veteran in buying a home with a VA loan.
14 February 2020 | 0 replies
I viewed the home and decided to make a offer, which was acceptedHowever when we got to the original closing date things took a turn and it was discovered that the home had work done without permits and the zoning of the home was not residential.
15 February 2020 | 3 replies
Check out the Bigger Pockets blog post 27 Ways to Find Real Estate Deals.What are the best ways to find buyers?
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18 February 2020 | 8 replies
I tried looking through Blog posts on this site but couldn't find much so any information is greatly appreciated.
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15 February 2020 | 9 replies
See the link below to an old article on their website that will help give you some clarification.https://arbor.com/blog/fannie-mae-freddie-mac-or-banks-which-apartment-loan-is-best-for-you/
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16 February 2020 | 5 replies
We are discovering that finding the time to actually do it is difficult with very busy lives.