Hey all, I live around the Wichita Falls area in North Texas and my wife and I are going to be purchasing our first rental property in the next few months. I've done a lot of reading and have spoke with many who have ...
Hi, I currently am a legally single person with an FHA triplex that I live in and rent two units. I am engaged and getting married in a few months and was wondering what the eligibility was for an FHA loan as a marrie...
All,I'm looking for a little assistance on several questions related to financing.I am approaching the limit of 10 financed properties (under traditional loan programs), and looking for recommendations on how to finan...
Let's say you are a brand new investor. You are 40 years old and you have a family. You have $80K in your savings account, and you decide you want to invest in real estate.Knowing what you know now, what would you d...
We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...
I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...
I have a single family house that was used as our primary residence, then held held as an investment rental after we moved into another home. The former residence was subsequently rented from 2018 to March 2021, when...
Recently bought a home. I am married but I am the only one on the application and I did not correct the single status on the title documents. I now regret that and should have took the few extra steps to correct it at...
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
By now, all of us know that BiggerPockets is a fantastic resource for avoiding bad real estate deals.But even more than a bad deal, a bad life partner can REALLY cripple any real estate aspirations.The so-called “cash...