Carlos Rivera
Buying a new primary residence
I'm looking to buy a new primary residence within the next 18 months. Key to this is I desire to convert my existing primary residence to a rental. I current owe about 80% of the value on the mortgage. Are there wa...
Sabrina Baldwin
Collecting From Tenants
I've been landlording for ten plus years but only recently am I having an issue with tenants that move out before their lease is up and don't clean up the unit. They forfeit their deposit according to my lease when ...
James Chavis
Class Project: Come Up With Budget for Agrihood Apartment Complex
I'm totally lost. How do you find out the cost for building an apartment complex? How do you arrive at the cost of the land to build the apartment complex? I need to make a budget for an agrihood apartment complex ...
Bob Mastroianni
Mortgage Advice for more than 4 mortgages & FHA
So here's a scenario that I could use a little bit of advice with. My wife and I are currently looking at a duplex in South Jersey. If we were to make an offer, we would purchase the duplex as our primary residence, l...
Account Closed
1st position HELOC in Manhattan (primary residence)
I'm in the early stages of my apartment buying journey and I hear a lot of talk about getting HELOCs for investment properties but very little for people looking to get a HELOC instead of a trad loan on a primary resi...
Account Closed
Ohio Forclosure Help...
I am desperately seeking advice...I own two properties, a rental property and my primary residence. I only have one mortgage, which is on my primary residence. Unfortunately, both of my properties are facing foreclo...
Zocky Zhang
Sold my house profit tax reporting
Me and my wife bought a house in Philadelphia in 2016 when we were renting a condo in Maryland. We managed to sell the house in 2019, then immediately used part of the proceed as down payment for our new house in Ma...
Brandon Fuelling
Just re-financed, am I stuck now for a year?
Hello BP peeps! I have a dilemma that I would love to hear your thoughts on..We were planning on buying a new primary residence and then renting out our current residence, BUT just learned that we cannot do so due to ...
Takiyah Riley
Investment property..before primary residence?
Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence?
Gabe G.
fannie 10 loan limit. I have 10 mortgages, can i purchase primary
I currently have 10 mortgages. 9 rentals. And the one i live in.Under the current fannie mae rules. Would I be able to buy another house, that I will be occupying, before I sell my current primary residence? I have my...