Im looking into buying a house in Los Angeles that currently has month to month tenants living there and wanted to know what options i have? I intend to move in sooner or later. I think itll be difficult to deliver t...
I am working towards my first rental property and found a property that I may be sending an offer on. I currently own no properties, and I live and work out of NJ. I'm looking to buy in FL.I've talked to a handful (...
Hello, I’m 20 years old and I’m looking to invest around 200k into real estate. I want my first investment property to be a duplex so I can get some experience before I go into larger mutli-family deals. So over the l...
Getting FHA loan and renting the house out? What are the consequences
Hi All,If I got a new job ~30 miles away from my house, would I be able to stop owner-occupying my house prior to a year (say I've lived there 6 months) and either rent a place or buy a new house closer to my new offi...
I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim
Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...
Hi all, QQ, I'm interested in taking a HELOC against my primary residence to utilize the funds to purchase a duplex (house hacking) which would then become my primary residence. In inquiring on my financing options, I...
Hello!I've read alot of posts from people that sound like they're trying to trick the owner-occupancy requirements on mortgage loans. I'm currently in a backwards situation where I really do intend to live in the hom...
Hello all,My business partner and I are finalizing on a property management company for one of our property that was intended for a flip when we purchased but we have decided to rent it out for the time being. Is it c...
For most of this past year my brother and I have shared our 5 bedroom home with 3 roommates. Each spare room rents for just over $400/per month each. In about 6 months we will be looking to to complete our projects an...