Arron Robertson
A good time to refinance?
Hello everyone,My wife and I are looking to buy our first rental property in the next 6 months. We are looking to house hack by getting an FHA loan on a duplex. Right now we are living in a condo that we owe $77k on a...
Joe B.
Good first time starter property
Hello BP family,Ive been studying and reading nonstop on REI. Property in my area is rather affordable compared to other place and Wilmington is growing. Now, in a few months after saving a bit more my goal is to get ...
Chanté Owens
Buying half of a Duplex?
Hi BP Contributors!I had a question about something I've seen posted a few times about people purchasing 1/2 of a Duplex. Is that common? I thought in general, that when purchasing a Duplex it was for both sides, but ...
Jesse Olsen
FHA questions, specifically regarding the purchase of 2nd home.
Hi Friends,Brand new to this. Looking to close on my first property within the next 6 months, I have narrowed it down to either a cheap Condo or a duplex. I make about $2,800 a month, 670 credit score and have $15,00...
Owen Ryan
Condo or House - Initial owner occupant/HH to investment property
Hello All,I am in the position financially to purchase a lower priced home, or a decent condo in the area. I am roughly priced in at $330,000 for a SFR or Condo, and $390,000 for a Duplex based on one of my preapprova...
Lauren Ascher
Tax Question re: 2 year exemption - CA
Hi all,I'm planning to sell a condo in Los Angeles. I sold my duplex for a profit on 10-1-15, and bought my condo on 9-4-15. When I sell my condo, what date of sale would qualify me for the two year exemption to not...
David Wolf
We Bought The Wrong House....Now What!
We recently ran into a very interesting situation. Fortunately, it is resolving itself successfully, but I thought I would share the scenario with the bigger pockets forum so everyone can learn from this. We recently ...
Bryan Zavala
Moving to Austin and have $30k to use. What are potential investment approaches?
I plan to move to Austin in Q3 of 2023. I have $30k to work with and I'm not really sure what the best approach would be to effectively invest in real estate. My overall objective is to have my own space (I have a tod...
Nick Valo
.5 acre lot in central Austin zoned SF3
What do you think would be the best use of a .5 acre lot in central Austin? I am thinking a condo regime with 4 units however I am not sure if I can get the financing needed and am not familiar with local builders.
Amery Castaneda
Are condos good investments as a FH?
Good afternoon,I'm at my beginning stages of real estate investing. I have a 20% down payment on 300k home or I could use an FHA loan on a duplex. But any suggestions or is anybody investing in condos and making good ...