Hi All,A friend of mine recently signed an offer to purchase a home. The seller agreed to the following terms: Seller will contribute to $X towards the buyer's closing costs and/or prepaid items. I told him that this ...
This is my idea for an investing baby step - using a home I own as an occasional Airbnb. Would that still count as owner occupied in their eyes?Also, can I refinance with another lender and thus get out of the NACA mo...
Hey folks, I’m in the process of refinancing a couple of properties I have. However i made a mistake and opened a couple of credit account and it lowered the credit score drastically that the qualifying score is 703 b...
I'm trying to understand whether Active real estate losses (Real Estate Professional) lowers MAGI. My understanding is these active losses will lower Adjusted Gross Income (line 11 of a 1040) but there's some confusin...
Hello, I am looking to invest in my semi-first rental property in Warner Robins area. Although I’ve found some good deals in other areas outside of Atlanta too. When researching typical rent for the direct area, I am ...
I used a Va loan to buy the house that I’m currently living in and only been living in the house for about 9 months. I keep getting these letters in the mail about VA irrrl and streamline loans that say they could low...
I am currently in the process of looking for my best loan option as a first time real estate investor. I have poor to fair credit that I have been steadily improving in the range of 615-625 depending on what score you...
We have finally started our REI journey and have posted our house for rent. It's been up for less than 24 hours and already have 5 people who want to see the house.Rent estimates online say $900 is the Zestimate etc b...
I’m looking to buy a STR property up in Big Bear. It’s somewhere we would like to use when not rented out. I’m curious to know if there is a big difference between city vs lake for STR yields. The home prices are pret...
Good afternoon and happy President's Day! I am a new investor and I've gotten myself stuck in the mud, so I am looking for advice from some of you wonderful folks. Context of my story/situation (please forgive the l...