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1 June 2018 | 1 reply
I usually just adjust my offer accordingly to cover the expected costs.
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5 June 2018 | 3 replies
While also having more tax benefits than single family homes and requiring less money upfront than apartment complexes.
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2 June 2018 | 14 replies
I believe on any type of government payments, the tenants are required to be respectful of the property or they risk losing their benefits...
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3 June 2018 | 9 replies
I have a primary residence at this time. I am planning to buy another house to move into the new house and then sell the existing house. So If I move to the new house and stay there for two years, would that be consid...
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4 June 2018 | 18 replies
the state income tax does not benefit the CA investor they don't live there..
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2 June 2018 | 6 replies
You just have to know how to work them to your maximum benefit.
5 June 2018 | 1 reply
There are a lot of moving parts and you may benefit from speaking personally with another CPA to confirm.
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6 June 2018 | 8 replies
They will know quickly and either adjust or find a new rental.
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2 June 2018 | 0 replies
Both of us on loan, we get owner occupied interest rates and flexible down payment amount (although I feel I would want to put down 20% to remove PMI)Once Dad sells his home (easier to do than finding a duplex) he will give me about $55-65k of the profits, be the owner occupier in a duplex, go halfsies on repair/cap ex, but only wants to pay about $500 per month (he'll adjust for inflation!)
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3 June 2018 | 4 replies
My assumption (which could be what is causing my confusion) is that a homebuyer who is seeking a lower monthly payment for two years is doing so due to financial constraints and needs time to adjust to a mortgage payment and the expenses that come with owning a home.