I purchased my house utilizing an FHA loan, making a down payment of 3.5% and covering closing costs. I am approaching the one-year mark with my mortgage and have undertaken substantial renovations on the second-floor...
Our property taxes have doubled since last year, after making the property a rental (it used to be our primary residence). When we appealed, the Revenue Commission’s response was “Our records show the property at ____...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $170,000
Cash invested: $5,000
Sale price: $420,000
Split level, 4bdm., 1&3/4 baths. Beautiful pine floors,...
Hey guys, I have a question about the VA loan with a multifamily. I know that I have to live there one year to use the VA loan but what if all the units are occupied at the time of purchase. Is there a window for when...
Hi! I’m new to the BiggerPockets forums but have been listening to podcasts and watching videos for months now.
My husband is in the military, we are currently statIoned out of Wallops Island and are living in Salis...
I want to figure out and study up on financing options for my first deal. My command is moving and I want to get a house or condo out there to rent out. I won't be living in it. Most condos out there run anywhere from...
If and when the time comes, I know many of said it is best to setup an LLC for the property you intend to purchase ("123 Main Street LLC") for a variety of legal/financial reasons. I also know in general, Delaware off...
Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...
Hello,I live in California and I own several rentals in Indianapolis.They are owned by two LLC I own and controlThis summer I’ll be moving out of the country, in Europe, and I intend to keep operating and investing in...
Hi BP!I'm under contract to sell my 2 family rental home in NJ. The new owners intend on occupying one of the units as their primary residence. As such I need to serve legal notice to quit to my tenants in that unit...