So with the new conventional loan coming next month and the fha loan which is already in place they both require you to live in your house hack for 1 year before renting or moving out . So the question is if I have ...
Hello everyone I tried posting this before but I guess it didn't get payed so I'll try again. I'm looking to invest in real estate in the near future with my brother as my 50/50 partner and had a question that hopeful...
In 2016 we bought a lot to build our personal residence. In 2017, we decided to build elsewhere and bought a different lot. We now have a contract to sell the original lot and it will close in January 2018 for 34% mo...
I am looking at assuming a mortgage. The house is not on the market but in a very good area. The owner owes 87k; they paid about 97k for the home. The home needs about 5k worth of work put into it. It has new hvac, ne...
Hey crew, looking to buy a townhouse to live in & remodel then move out & rent it out. I believe the rule in Canada is if you put 5% down you must stay in a residence for at least one year before moving out to...
My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...
I purchased a duplex in Minneapolis with a FHA loan June of 2015 that I owner-occupy. I've had an appraisal recently and have hit 80% LTV and since rates are still low I've been thinking about refinancing into a conv...
I am starting out and would like to purchase a property with as little down as possible. Currently looking at residential properties up to 4 units. Outside of VA loans (of which I am not a veteran) and first-time ho...
I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...
Hi there! I just closed on refinancing my primary residence that I have lived in since 2016. One of the things I signed in the documents is that I intend to keep the property as my primary residence. To be specific, i...