Brenda Mercado Baez
1031- NY to FL. SF v. MF v. multiple SF
Lurker/1st time poster here! My husband and I own 3 homes: 2 rental duplexes and 1 single home in which we live in. We are looking to relocate to central Florida this year and want to sell one of the rental duplexes. ...
Sean Seger
FHA loans
In the state of Kentucky, how long do you have to own a property with an FHA loan before selling it. If you can sell it at anytime with no restrictions, what kind of penalty do you face, taxes or otherwise?
Nick Parenti
Self-Employed Looking for Lending Information
Hello all,My wife and I are looking to purchase a house-hack in the southern New Hampshire area. My question is in regard to getting funding for a loan due to my income. My wife has a W2 income. For myself, I own an e...
Christian Busch
Should you buy preconstruction condos? The pros and cons in summary
I'm a real estate investor and broker (Florida and NY) and have spent a lot of time looking at preconstruction condos in South Florida. Here's my take on the topic: please comment so we can all learn more! My main adv...
Paul D.
How does a mortgage company look at depreciation?
Hello!Normally, on my taxes, I try to break even or make a little profit BEFORE applying depreciation to the property.I recently applied for my 6th mortgage, and the loan officer significantly lowered my buying power ...
Jim Wilder
Offer accepted on 16 units, now what to do for financing?
I'm a true newbie and just had my first offer accepted on a 16 unit apartment complex. It was listed for $723K and offer was accepted for $675K. So... how does the financing work? Is it based on projected income of...
Eric Sato
Finding a lender while living overseas
Hi, I am new to the USA real estate game (new to real estate in general). Quick Version: How difficult will it be to find a lender for purchasing properties in USA, while my W2 income is entirely non-US based Income a...
Sam Mukunda
Newbie questions on out-of-state investing
Hi all,I'm currently in bay area, looking into out of state rental investments. I'm a total newbie at it.Want to understand best possible route to take in this field.1. What are the top states/cities that are hot righ...
Angel Perez
Foreclosure Auction vs Tax Auction Whats the difference?
Many people caution against purchasing property from auctions because the transaction may be complicated but I am not sure I fully understand the difference between the two auction types.How can a property be auctione...
Umair Baig
targeting properties with back taxes
Hello Biggerpockets! I am doing a little research on targeting home owners who have properties with back taxes on them. I am planning to launch a direct mail campaign to properties that would be going to the tax sale ...