Elijah Tisdale
Downtown Pittsburgh Victorian (1st investment of many)
14 December 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment in Topeka.
Jorge Abreu
Selling Properties with Transparency and Maximizing the Sales 📈
11 December 2024 | 1 reply
.● Resident Impact.
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
DSCR loans are widely available to first time investors, but they are considered business purpose loans and you will be required to sign documents stating that neither you nor any family member will occupy the property as your or their primary residence as long as that loan is in place.
Ke Nan Wang
6 Bedroom 5 Bath Multi Generation Co-living New Construction Investment Project
15 December 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment.
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
@Brett JurgensThe "2 out of the last 5-year rule" in real estate allows homeowners to exclude up to $250,000 ($500,000 for married couples) of capital gains from the sale of their primary residence if they lived in the home for at least two out of the five years before the sale.
Jewell Arceneaux
Attention Investors: Scale up starting with FHA
14 December 2024 | 6 replies
., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
Paula Simpkins
Locating Landlord--Is this CRAZY to far?
17 December 2024 | 9 replies
As someone who has read Harry Potter, it seems the best way to get the attention of the landlord is to send a scary looking giant to their home residence with a kindly worded letter.More seriously, I was on the other side of the coin previously where my wife put the ads up under her accounts instead of mine, so I couldn't check them without getting on her phone and I was inundated with people looking to see the property (probably 50 over a 5 day period) and was trying to send semi-personalized notes to each one--and it all ended up being too much to handle and I ended up ghosting or not replying to many people after I found an applicant.
John Dallas
Wanting to retire with a few cabins in the Western NC mountains.
19 December 2024 | 8 replies
Maybe you're in limbo renting for a year while the primary residence gets built.
Vicky H.
Silicon valley struggle is real 😂 Buy primary or continue to rent?
12 December 2024 | 9 replies
Instead of tying up your capital in a high-cost primary residence, consider taking the would-be down payment and investing it in out-of-state properties.This strategy allows you to diversify your portfolio across multiple assets, spreading risk while potentially generating cash flow and building equity in appreciating markets.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Another option would be to use the Section 121 exclusion for your personal residence.