John Philip Eugenio
Corveting Master Bedroom to ADU
9 March 2024 | 8 replies
We need this house rented to lower our DTI.We want to buy small MTF in the future to househack in CA using low downpayment maybe FHA loan.Thank you in advance I love house hacking & all about co-living and room additions.
Christie Gahan
Housing Cartel in Arizona?
8 March 2024 | 1 reply
. :-) Not to worry, the public will move to where they can afford to live and that will affect prices up & down the scale.
Justin Brickman
Texas Housing Report
7 March 2024 | 0 replies
December witnessed an extended time on the market for homes, marking the first increase in the average days on market since the beginning of the year.Decreases Amount of Home Sales and Listings The narrative of falling home sales alongside listings is underscored by the continued drop in mortgage rates.
Felix Shi
Spent 250K to add an ADU in South Bay or buy a condo in East Bay in 2024
9 March 2024 | 26 replies
best strategy: buy large house with adu, rent it outdone, live for free in bay area, checked.for income, forget all about one hundred dollar cash flow from real estate, go for thousand dollar cash flow from TSLY/NVDY/etc/etc LOLfor real estate, just flip when you had the best opportunity, sell it again in few months or two years for 100-300k profit.dont think cheap in bay area lol
Narendra Patel
Selling rental 1031 and buying personal residence
8 March 2024 | 3 replies
Is it possible to sell rental using 1031 exchange and buy new property for personal residence ,I had lived in previous property for 2 years and then rented it out for last 10 yrs.
Alex Blaise
Refinancing or Home Equity Loan
9 March 2024 | 5 replies
There are costs associated with doing a HELOC.If you WILL be living in the property for the first year, get a 5% down, or less, FHA/Conventional/203(k) loan for the purchase and keep more of your money in your pocket for future purchases, repairs, etc...On the second property, use a private lender to fund the acquisition/repair costs if any, and refi out using a DSCR in 3-6 months.
Engelo Rumora
WTF is wrong with investors these days?
9 March 2024 | 261 replies
I live what I preach brother.
Jason Meissner
Divorce and Home Sales When Is The Best Time and Capital Gains the Last 5 years
8 March 2024 | 5 replies
q2: Is the capital gains rules on living together the last 5 years strict.
Sean Starkey
Should my father in law rent out his condo or sell?
9 March 2024 | 3 replies
He just purchased another condo that he will live out of that’s on the 16th floor with the view he wants.