I've been running into a wall where the lenders I've contacted about getting an FHA loan for a multifamily will only work with duplexes maximum with a 3.5% down payment - for a 3/4-plex, they require 20-25% down. From...
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 un...
I couldn't find this question anywhere, but can't imagine that it hasn't been run into before.I am inevitably going to buy a property in the next 90 days. I am trying to decide whether I should manage the property mys...
Hello,I'm new to buying investment properties. My wife and I currently own our home and have two bids recently accepted for properties we plan to use as rentals. My question though is about Self-Directed IRA. Can ...
I know you can leverage some 401k's for RE. Just wondering if you can leverage stocks and bonds?
Does anyone know of any profitable hotel condos or ones that are making their way in that direction?Also does anyone know of any pre-sales of upcoming hotel condo projects?
I own a tri-plex with a partner 50/50. i plan to sell her my half interest for the debt plus 100K with no cash changing hands. I will then sell a property owned by my 401K. With those funds I will purchase the prop...
Hi,SMLLC to flip homes. Say I make 30K in gains during a year flipping homes. 1. I decide to take 15K as my annual pay. Can I take the Pay at end of the year when I'm filing my taxes OR do I have to pay quarterly esti...
I'm sure this has been asked a million times here, but everyone's story is different, so here's mine. I'm currently unemployed and a stay-at-home dad. I've taken to real estate during this time and want to make it m...
My husband and I took our first big step in November in purchasing our first real estate investment property. The house we purchased had already been rehabbed and was ready to go. We bought it for 37K and conservative...