I’ve “heard” you could live there for a year and then go some where else however you can’t pull out another FHA loan with the exception of moving somewhere to work or having an increase in family size.Any advice on what a good way to start is with no real capital to your name (to BRRRR) and no credibility to raise money?

This was not unique to a specific lender but some made the process easier then others for sure.Anyway, I am now approaching 75% LTV (based on initial purchase price) for the last investment property with PMI so I reached out to start the process and was denied with no explanation.

I haven’t seen or started the application yet but i was wondering if anyone has gone through this or from a lenders perspective on any tips to maximize the amount I would get

House hacking is essentially the cheat code to get started into real estate investing.Generally done by utilizing FHA loans and 2-4 unit properties.Basically, buy a primary residence, live in it or one of the units for 12 months, move out buy again and do it all over again.Each time you can utilize fha as long as you refi the former before you use it again.Great way to buy a lot of properties with low entry cost!

I’m just starting my RE journey so I know my taxes aren’t very complicated, but still I wanted to use a professional and invest in proper tax planning from the start.

Please get educated before you start writing checks.What concerns me is you started this post by talking about how you are jobless.  

Networking with local real estate agents, joining real estate investment groups, and even driving around neighborhoods looking for potential properties can help you get started.  

My question is1 should I start the eviction now or wait until 30 days?

My wife and I are just getting started on our real estate journey, and this is my 1st time posting in the forum.

I'm relatively new to this so just trying to understand these tax implications before we get started.