Jacob Walls
Need help with FHA question
I’m a first time home buyer. I’m looking at a duplex currently, if it’s my primary residence then I would qualify for FHA loan right? If so how long does it have to be my primary residence before I could rent out both...
Sarah Roberts
Confused about new capital gain formula re: personal/rental use
I hope someone here is knowledgeable and willing to help me understand the new math.What's the difference in % (after deductions) taxable as capital gains in each scenario:Purchase House. Live in for 1 year. Rent for ...
Felicia Richardson
Buying second Property After Duplex
Hello! I need some lender insight. I bought a Duplex in August 2022. I reside on one side and I Airbnb the other. I'm outgrowing my side and I want to buy a Single Family Home.Would I have to get a secondary home loan...
Mishal Ahmed
Capital gains tax in Georgia
I have a property in Atlanta, Georgia that I am about to sell. I used to live in this house for 5 years until I moved out of state last year. Because this was my principal residence for more than 2 of the last 5 years...
Rafael Pinho
DSCR mortgage, non-resident
Hi all,
I'm an architect and developer based in Europe and considering investing in the US - new builds and BRRRR.
If I bought and renovated a property in 100% cash, would it be possible to refinance with a DSCR mo...
Tom Wallace
Turning personal residence into rental property...
Hi all. Want first to say how much I appreciate Bigger Pockets and the wonderful advice I have received here..
I own 3 rental properties at this point. My wife and I have lived in our personal residence for the pas...
Jack B.
2/5 year rule for primary converted to rental
As I understand it, if you live in the house for 2 years out of the last five before you sold, you get to avoid capital gains tax, so long as you bought as a primary residence, but the IRS doesn't care if it's the fir...
Min Liang
Primary residence mortgage for retirement
Hello all,I spoke with a mortgage broker today in regard to purchasing a home in FL for my retirement in approximately 9 months. He had told me that I’m not qualify for primary residence due to me not living within th...
Frederick William
Rental income and Mortgage investment property
Can I use future rental income on an investment property to qualify for a mortgage? I will not be living in the property. It will be completely rented out. I have 70% down payment.
Coryn Mock
Getting Started with Short-Term and Qualifying
Hello everyone.I am an avid podcast listener, and I am really anxious to get started with investing. My main interest is short-term rentals/airbnb. I just literally do not know where to start! We live in South Florida...