Marty Gangler
1099-c on a short sale in 2012 -rental that was primary
Hello. I had a house in the suburban Chicago area for 5 years. The first 3 years it was a primary residence. Then once we decided to increase our family we bought a new house and converted the first house to a rent...
Warren Peasley
Selling primary residence / new home into LLC?
Hello I am going to sell my primary residence in Idaho and use the proceeds to buy a less expensive home in Oregon without a mortgage loan (all cash). I plan to live there with my wife. We have adult kids. Would it be...
Kaveh E.
California LLC Fee when selling a property.
I am considering forming an LLC just to hold residential real estate for liability protection. I would quit claim a deed from my personal name to the LLC.-When I sell the property, would I be paying a tax on the prof...
Aaron Moore
Random people coming in and out
How do you handle a situation where the tenant constantly has different people coming and going from the unit? I know I can't tell her not to have company, but every time I stop by it's always people there even when s...
Vladimir Gostrer
About 800K in equity in main property looking to buy another
I have a main property which I just got appraised and have a bit over 800k in equity. I'd like to purchase another one nearby to use as my main one and put this one on the market as a rental. What are my options as fa...
Matt Wells
No primary home if I use 10 conventional loans for investing?
If I use up my 10 conventional Fannie Mae/Freddie Mac loans for investment properties, does that mean I can't get a conventional loan for a primary residence?
Davis Molnar
My First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $15,000
Presenting a charming 4-bedroom, 1-bathroom residence situated in Toledo, Ohio, just...
Devan Johnson
How to finance a rental ? "primary residence" rule enforced?
Situation: All of my assets are now liquid. Currently renting myself. Looking to buy a primary residence and 1-2 income properties. Because rates are so low, I would like to conventionally finance (20% down) a rental ...
Tyler Speelman
Lease option vs land contract
Hello,
Off market single family rental for sale in Ohio. Current resident wants to purchase house, but can’t qualify for loan.
Asking price $139,900
Monthly rent $800
I told the seller I could purchase it if curre...
Daniel Alexander
Purchasing first property through FHA, how to get 2nd property?
I plan on purchasing my first property around May 2016. Going to use FHA loan to fund potential duplexes. I'm familiar with the basics of FHA loans in regards to investments properties, but wanted to know how easy o...