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I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea? Thinking about depreciation, maintenance cost, taxes ETC. I know it may depend on state specific guidelines ...
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I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...
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I am currently in the planning stages to purchase a new primary residence and then rent my current residence. It does need a few minor repairs and upgrades. Should I wait to start repairs until after I move to my ne...
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I’m really interested in starting my real estate journey through the Naca program and house hack. However I was told, with Naca, you have to live in the property as your primary residence for 5years, and they will put...
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Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
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I recently found a multifamily property that looks like a really good deal. I talked to a few lenders, and it turns out my credit score is too low for an investment loan (mainly due to a short credit history). Even...
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How long does a lender usually want a borrower to live in a primary residence before they move out and make it a rental property, (in order to keep the lower primary-residence loan rate)?
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I have read across the forums for the last couple of weeks how fearful some investors are reacting to the current state of their investments. I've also personally spoken with many entrepreneurs who own real estate re...
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Hi all, I have a big concern regarding buying a primary residence vs investing in rental property (single family homes in central states) ? Here is our situation: me and my husband live in Southern California and curr...
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Hello,I was hoping you had the time to answer a few questions for me to better prepare for next years returns. First questions is me and my brother want to purchase a property together for our primary residence the ne...