Hello all, I'm Lamar - a new investor looking to soak up knowledge and learn the real estate game from the good people of BiggerPockets. Originally from Baltimore, MD, but living in Dubai, UAE at the moment. Aside f...
This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...
I recently purchased a live-in rehab project with a targeted 12 month rehab and resale period. I bought the home because it is my kids last year in a private school in the city; meaning we need to relocate to another ...
Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.
The complexi...
I'm a new to-be real estate investor and I was wondering if I will be able to write off travel expenses if I do not own a company.For example, I'm looking at purchasing a property outside my local market. I do not cu...
I recently got preapproved for an FHA loan on a new primary residence. However, the underwriter has come back to me with issues with my job. I am a contract worker with a W2 from a recruiting agency and I work out of ...
Recently, our governor posted a 90-day moratorium on residential evictions due to COVID-19. We have had tenants contact us telling us they will not be paying rent due to reduced hours at work. We have also had our o...
Local Nashville Investors:Short term rentals are in the crosshairs as some of you know. My investors and myself have spoken to the main players lobbying against the ban, and we have found some very disturbing informat...
Background: Currently Active duty (Separating soon). Moving to Houston Texas area for only 6 months before going off to University. Excellent credit and married.
Known Resources/Tools: VA Loan, FHA Loan, LLC
Current...