Can I get the occupancy clause lifted for an FHA loan or should I try to sell? I recently closed on a property I intended to move in with my boyfriend as we are having our first child. Unforeeen circumstances have occ...
Hi everyone!
I just closed on a house in Tempe that I intend to live in and Airbnb the guest house. I also intend to convert my current Phoenix condo into a LT rental.
I'm looking to meet with knowledgable CPA (p...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $270,000
3 bedroom 2.5 bathroom new construction home that we bought as our primary residen...
Good afternoon! I am new to real estate investing, but are ready to dive in. I am putting together a business plan to BRRRR at a professional scale. To put this in context, I own a construction, renovation company. We...
Gerard Charles:
I am currently building my duplex in Brownsville, TX. I applied with Academy Mortgage Corporation. I got approved. I intend to live in one and rent the other, but since I live 60 miles away, I...
Hello BP, if I refinance an fha loan in under a year do i still have to live there for the full year? Thanks
I plan to buy a rental property in a different state than where I currently live. This would be my first home and I don't own any homes and currently renting out the place I live in.I am thinking of getting a Primary ...
I travel for work and I had the idea of buying a home and doing short term rentals (Air Bnb), while I am away. I was wondering if I use the first time home buyer FHA Loan, if I can also rent out the property while awa...
We are expecting, within the next 12 months, to purchase a new primary residence and convert our existing residence (SFH) into a rental/investment property. We need to make several upgrades to the current place in ord...
I've never done a 1031 personally. Would absolutely get someone qualified involved. That said, I have a client with a condo she bought for $100k and is now selling for $190k. In order to comply with 1031 rules, does s...