I have several buy and hold properties where it's clear as day that the in service date is the date the property is available for rent. I'm a little confused as to how it works when converting a primary home into a r...
For anyone considering buying a property from Citrona, do yourself a favor and stay clear. They have now crossed the line into criminal activity. They are now cashing tenants checks and claiming that they sent them d...
Hi Everyone,New investor here... yet to buy my first property (with roughly $50k cash available) but looking feverishly for my first deal.If I've done my homework, then I know that good deals are hard to come by. So w...
I want to know when I will pay taxes if I do a flip?
Hello,
I hope everyone is staying sane in these crazy times. We are currently looking for a VR in LongBoat Key, Sarasota (either 2b/2b or 1b/1b, we have a budget of around $250K ). We would like to use a couple of ti...
I am taking the New York Broker's 45 Hour Course online. Some of the questions doesn't seem right to me.I took a snapshot of the question I had a problem with:Is it right to say that in the Total Expenses, Mortgage Pr...
when trying to get preapproved do you apply to multiple banks at once? in case one says no or one has better rates
Hi all! My wife and I are looking to relocate our primary residence to a coastal area eligible for USDA loans. We are right on the income threshold and want to be cautious with USDA. We already have one loan applicati...
Hi everyone,
I'm a new investor looking at 2-4 units. We want to live in one of the units and rent other units out. My question is sometimes the return looks very good if rent from all units are counted, but if subtr...
So I finally have the second rental unit. I did a live-in flip, house-hacking a double on VA 0% down loan, etc. Knocked it out of the park, now moved into a new primary home, keeping the double for rentals. Question i...