Craig Moffett
First real estate investment possibility. A flip and the numbers.
Been listening to Bigger pockets for a year but just joined. Have been wanting to get into small single family rentals but found a deal I think I would flip. House net yet on market but family will want to sell quick ...
Akram A.
Buying as owner occupied and renting it out?
Hi All, scenario: what if I buy a triplex or four plex as my primary residence with the intention of occupying one of the units therefore putting a lower down payment etc. but what if I don't like it and change my min...
Jeffrey Boyce
Pay off mortgage or purchase other assets?
Hi there, I'm new to BiggerPockets but want to start leaning further into Real Estate to build assets. Currently I own 2 properties, a condo and home. Regarding the condo, I've been debating whether or not I should pa...
Brett Riemensnider
Buying first Duplex!
I’m looking to buy my first duplex here this week hopefully but am struggling to find the numbers I need. I’m not sure if I’m just second guessing myself but I feel that this is too good to be true. For the vets here,...
Trey Read
New SFH Build - Minimizing Capitol Gains Upon Sale
I recently completed building a house for myself and I’m ready to sell while the market is still warm. I can prove I’ve lived in it for 14 months. I’m trying to be creative to minimize my owed capital gains tax upon s...
Emmanuel Sesay
Closed on Condo as Primary Residence But Moved Out Of State
Hello,
I Recently closed on a condo in Chicago but also moved to out of state to Indiana for college. I want to rent out the condo but I secured financing as primary residence and First Time Home Buyer. I want to re...
Dustin Miller
Capital Gains Tax Question
Hey guys,I have just got an offer on my first fix and flip! It was a full price offer that sold in Lexington, KY after throwing it up on Zillow as a FSBO. It was listed on Friday, and sold that following Monday for fu...
Kyle Rosseau
Oakland 4 Plex - FHA - 60 Day Req
Hi all,I am hoping someone can help me out that has gone through this. I am about to enter into contract on a 4 Plex in Oakland, CA. I am going the FHA route and will have to occupy (owner occupied) the property wit...
Andrew Greaves
VA Loan for Multi-Family question
Hello!
I know that the VA Loan requires the owner to occupy the unit purchased. This seems like a grey area to me as it does not specify whether or not the buyer must occupy until the loan is repaid or the p...
Edwin Lopez
Managing gross income from business
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...