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We are in the process of buying a condo to rent it out. I contacted our insurance agent for a landlord policy on the condo. They said no problem. But the policy documents list us, the owners, as occupants and instead ...
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Hi
I purchased an investment property in 2018 in Austin, TX.
Purchase price $225K
Cash flow -$200/mo
Current sale price $410K
I knew I was going to be break-even / negative cash flow when I purchased my fir...
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Hi all. I plan on moving to Florida at the end of this year and turning my primary residence into another rental property. When I bought this house back in 2017, I put it on a 10 year arm at 3.625%. I currently have a...
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My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...
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Any Milwaukee investors have a prediction on the impact of ending the City's residency requirements? (for the question assume Mayor Barret's attempts to fight the state law fail).
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BP,I have a situation I want to run by you to A) see if I'm doing anything wrong and B) understand if I should've taken action earlier...January 2017 - I purchased a home in Pittsburgh with a 5% conventional loan as m...
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I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
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I had to purchase my primary residence with my parents credit, at the time I couldn't get approved. While I know it does not matter I paid all the closing cost, down payment, taxes and mortgage payments each month...
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Hi all. I'm pretty sure this hasn't been asked, but if it has feel free to link! I'm not a resident of the US, I have a single member LLC (Tennesee) that i want to buy section 8 properties under. My question is, as i ...
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We have bought a few flip houses over the last few years. Every time we use the HELOC in our main residence to buy the flip house for cash. I renovate it, sell it, and then pay back the HELOC. Its always been great...