I’ve been a member of the group for two years now and got greatly side tracked for a while. I’m back and my goal is to acquire another rental property by The end of March 2019. I’m re-educating myself and searching fo...
Hi All, I was reading through the new proposed bill by the House Ways and Means committee on tax reform. There was an important change to the exclusion on the sale of a personal residence proposed that would affect pe...
Hi,I live in Central Indiana near Kokomo. I'm trying to get to the point of buying a rental property. I am only 21 and currently do not own any property...not even a primary residence as I still live at home with my p...
I am looking into getting a hard money loan..I want to use my Paid off home for collateral. I'm looking for only less then 20% of the value of my home..Credit is terrible that is why I'm thinking of going this route I...
Does anyone know how the Prop 19 parent-child exclusion applies to multi-unit properties. My parents and I occupy 2 units in a 4 unit property as our primary residence. If my parents transfer the property to me will t...
I'm looking to buy a vacation/rental home and trying to figure out how to finance it. Am I able to buy it with an FHA loan to put only 3.5% down if my actual primary residence is in my wife's name? I have no real es...
Hello,
Quick question--my wife and I kept my house from residency--mid-sized city (Rochester NY), near a big training hospital. We've had great luck with medical students/residents as tenants over the past few years...
What are the restrictions on taking a HELOC from a primary residence vs taking a HELOC from an investment property?
I heard that HELOCS from a primary residence is usually used for remodeling and cannot be used for i...
Hello All,I recently bought and moved into a quadplex 4 months ago. After renovating and renting three of the units (while living in the 4th unit), I am wanting to refinance to pull out some equity and lower the inter...