Hi guys, first property buyer here! Woo!I'm talking to a lender, and since I don't currently own anything, he's suggesting that I go with a primary residence and rent it out under that proviso rather than making it an...
Hello,I do understand that funds in SDIRA could be used to buy investment property. The process as I understand is we create a trust account and the SDIRA would be owned by trust and managed by IRS approved administra...
Do you know of anyone who converted their primary residence to a rental property (in San Francisco area so selling for more than $2 million) before selling it later under a 1031 exchange? Obviously, only makes sense t...
Investment Info:
Single-family residence buy & hold investment in Key Largo.
Purchase price: $205,000
Cash invested: $50,000
Primary residence - officially free and clear -----> 8 years of ri...
I am currently building my primary residence here in Ohio. My home will be complete in November of this year. Total cost of the build was 425K. I will be carrying a 350K loan on this property. As of January of 2021, i...
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $54,000
Cash invested: $3,000
House hack, Current residence, house was turned into duplex, after bi...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000
Cash invested: $20,000
Sale price: $425,000
Bought as a primary residence, owner-occupied interest rat...
Investment Info:
Single-family residence other investment.
Purchase price: $435,000
Cash invested: $52,000
Personal Residence Renovation: Purchased off the MLS within 8 hrs of hitting the market for ...
Investment Info:
Single-family residence other investment.
Purchase price: $435,000
Cash invested: $52,000
Personal Residence Renovation: Purchased off the MLS within 8 hrs of hitting the market for ...
I have considered paying $85 per month for mortgage insurance which would pay off my mortgage for my posterity. It has also occurred to my I can take the same $85 and simply pay the principal down each month. Thoughts?