My wife and I currently own our home valued at a little over one million. We found another home we really like as our primary residence. We don’t want to sell our current home , we prefer to rent it. The new home is ...
I have a few paid off rental properties and I have a mortgage for my primary residence. I'm thinking to put $50K toward my mortgage to lower my payments a bit and save some money in the long run.Could you tell me plea...
Hi all,I am currently trying to purchase a bank owned property for my primary residence. The bank previously accepted my offer however due to a non-functioning well the deal was killed. I would still like to go thro...
Hi, Newbie to RE Investing here...
How advisable is it to utilize a HELOC from your primary residence to fund, at least temporarily, a BRRRR property?
The only mention of a HELOC in David Green's book was one relat...
If I wanted to rent out my primary residence (which I've owned for four years) so I could live closer to work, would I be able to treat it exactly the same as a rental property as far as depreciation deductions, busin...
Hi,I'm considering buying my first home in LA as my primary residence. I will probably live in it for a couple years then rent it out and hold for long term. I'm looking at central LA for the most part, from Culver Ci...
I would like to know if I could buy a multi-family HUD home in buffalo, NY, rent the bigger apartment , I will keep the other for my residency but work in NYC?
I pay rent in New York City but is not on the lease. I e...
I have a really bizarre issue. I have been under contract on a new construction house for about 8 months in Austin, Texas. The house is set to close on May 14th, and everything has been finalized with my rate locked i...
Hey BP, I was wondering if you live in a property for over two years and then move and rent it out for some time, do you still get the personal residence tax benefit? Or, do you have to live in it two years prior to s...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,000
Cash invested: $25,000
Single family three bedroom, two bath home. Total rehab. Current tenant has lived t...