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https://www.biggerpockets.com/blogs/5110/blog_post...The only circumstances in which a borrower with an existing FHA insured loan for a principal residence may obtain another FHA insured mortgage on a new principal re...
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Hey everyone, looking to invest in my first OOS property...I looked up tax history and it says the home has (or had at least in 2020) a homestead exemption - my general understanding of homesteads is that tax payments...
I am new to the game and currently reside in Lancaster, CA, Los Angeles County. I am looking to begin fixing and flipping homes in my area. My biggest obstacle is finding money to give a down payment to receive a ha...
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I will be converting my current home into a rent house as of 6/1 due to moving out of state. When I called my agent they said the current company no longer wanted to insure my home due to the fact that I am renting it...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $255,000
Cash invested: $91,202
4 Bedroom, 2 Bathroom with Garage (New Build) - Purchased this one with a partner (...
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Hello everyone. My primary residence is in California, and I own it free and clear. It should appraise for about 2 million dollars. I'm looking to do a HELOC for $1 million dollars on my primary residence. I've ca...
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Hello,
I have a question about the sale of a property and the principal residence exclusion principle of the TaxpayerRelief Act of 1997. How does this apply to someone living in a four unit or less property and has b...
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Am considering a group of 4 to rent out a 3/2 house - I believe they are 2 couples. First of the couples have verifiable income and references, and will likely pass my min. screening requirements. The other couple are...
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will income from the owner occupied property that you are vacating and renting out be counted on front end debt or back end debt? Also a rental property that is NOT owner occupied is back end?Thanks!
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BiggerPockets Peeps,Looking for some advice! I'm a 28 yr old real estate newbie wth 2 properties in Austin,Tx. I bought a condo as a primary residence roughly 4 years ago and moved out of it last year (so living in it...