I’ve been looking into using the FHA renovation loan. As I understand it allows general rehab up to $35,000 that can be financed into the mortgage. Does anybody have any experience with this loan and can help me under...
Wondering if I should be buying an investment property instead of a primary residence first. I am currently renting. Thoughts?
Hello. I often come across owners of high value single family rental property who's sole reason for not wanting to sell is "All of my money would go to the government". In the past I've referred an owner to a cpa near...
Hi BP community. What are your thoughts about doing a cash out refinance after making an all cash offer? Has anyone tried this? All cash offers would certainly increase leverage during the purchase process, but wonder...
Here's one for the seasoned investors and tax experts out there. Trying to verify something:I have a rental property that is fully paid off that we are considering selling. Based on what I've gleaned online, it appear...
Looking for some input from the BP community.We're thinking of selling a triplex in Venice, CA soon. The property is owned 50/50 between my husband and me and my parents. For various reasons we have decided to sell an...
Hi Folks!New to real estate investing. My lender told me that the rates changed again this morning (80 basis points), so looking for recommendations here on which option is more sensible - using HELOC to buy all cash ...
Hey guys! I would like to get an idea on how to go about starting up in the real state investment world with 100k in savings but no job/taxable income at the moment thanks for the amazing 2020. Any ideas are greatly a...
I've been reading about land and its use for solar farms. The main drivers are proximity to substation (power grid), flatness, and exposure to the sun. So I started looking at some land and solar websites and came up ...
Hello All,
I am doing some remodeling work for my condo unit and plan on renting it out in a couple of months. It is in a upscale neighborhood and I can easily rent for $1400+/month. One bedroom has a closet withou...