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My husband and I have so far flipped two houses by living in them and doing most of the work ourselves. Now we're trying to get started on our first buy and hold with the BRRRR strategy. We've saved up about $30k of o...
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Hello, I'm currently living overseas and am thinking of moving back to the states by the end of the year. I already co-own 6 units with conventional loans using 20%-25% down, but would like to try something a little m...
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I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
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All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
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Hi there and thanks for taking the time to help answer my question.While researching properties in my local market I've come to see that many properties are owned by LLC's solely dedicated to that individual property....
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Hello BP,I found a home that I want to purchase and live in but as a real estate agent I write off so much that my income is really low right now. In the next few years I will change this so for now I want to lease pu...
Hi,I own three properties and am looking to purchase my fourth. This new one, though, is the first one in which I am going in with an investor approach. We purchased our first home with a conventional mortgage and t...
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I have looked into the self directed IRA and solo 401k and feel the later is a great option for me (yes I am self employed). I am curious about the timeline to have funds from previous employer retirement plans and a...
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Hi All,
I bought my first 2-family property in CT just under a year ago. I renovated the first floor already (where I currently live), and now that I am evicting my tenant (yippee lol) I am looking to renovate the se...
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A quick glance at housing affordability in AustinMedian Household Income App (Forbes): $73,493 ($6,124/mos)Cost of Living (Forbes): 15% above nat'l avgMedian Home Cost (SFR-ABOR Stats): $302,250Assume 5% Down Payment ...