Just purchased my 2nd home in Colorado last Fall 2018, I didn’t keep the first one in order to use the proceeds to eliminate debt and use fund for down payment to attain a lower funding fee. Now I am in the process of...
I'm trying to refi a SFR in Jax and I'm running into difficulty. I've been using conventional lenders but I'm getting pushback because the amount is under $200K. I owe about $162K on a property worth maybe as much as ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $385,000
Cash invested: $99,000
Sale price: $385,000
Side by Side Duplex. Both kitchens and bathrooms up...
Hello,I hope this isn't a repost, but I was hoping to get clarification on the basis for depreciation when it comes to the replacement property on a 1031 exchange. Would I basically calculate the basis for depreciatio...
Hi everyone, question regarding FHA loans. I've heard on several podcasts recently about refinancing an FHA loan into a conventional mortgage, to free up your FHA loan for reuse. How many times can this be done? Ca...
There's no question that interest rates are at record lows and money is cheap (relatively). Markets have also been on fire and home prices are rising all over the country. How is everyone feeling about using the BRRRR...
I was set to close next week on two MFRs (same owners, same street), but the appraisal revealed that they're both zoned as SFRs. This is in a historic neighborhood, so the renos were done before a permit was required....
What should I have in order (financially) before starting REI? I have just hit my 10k in savings milestone. (I am 20 years old). I believe I want to get into FHA house hacking, to build income instead of renting out a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase Price: $385,00025% Down Commercial LoanPast Rents: $2,950/monUpdated Rents: $3,350
Side by Side Duplex. Both kitchens and bathroom...
I understand that one needs to have an income, good credit, and a property to invest in to qualify for a loan. I am still in the process of securing a job after I graduate from college either as a real estate agent or...