How is getting a mortgage loan for your own home different from getting a mortgage loan for a single family rental home? I do not have a mortgage in my name; our home is in my husbands name. Thanks :)
Hello all and thanks for any help you can provide. My husband and I rent out a single family house in Florida worth about $400k, with a mortgage of just under $80k. We would like to purchase a property in Illinois (wh...
Hi All. I have a question on the best way to finance 10 units. Do I understand correctly that it does not matter if the owner occupies one or not? Also what is the best financing one can get? Should it be under the ow...
This past June I completed a house hack fix and flip which was my first deal. I owned and lived in the property for 4 years - rehabbing along the way, and then sold for a gain less than $250,000. Not sure that this ...
Hey All. Due to my fiancee's job, we will have to relocate. So, I'm looking into possibly buying this 8 unit property. We're planning to live in 1 unit, and rent our the other 7. I'm brand new to real estate invest...
Hey Team -
If I were to purchase 10 rental properties in my name, and my wife were to purchase 10 in her name, does that circumvent the general rule of no more than 10 conventional loans? I recognize there are other ...
Hi Experts,Thinking of selling a rental investment that will probably be at a loss, it also had passive losses. Can I offset any of the below with these losses:1) Short/long-term capital-gains from stock sale2) W2 inc...
I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...
I have a little trouble understanding exactly what can be rolled into Solo401K accounts and am hoping for a little help here before taking the next step of actually setting up an account.What can a Traditional IRA be ...
Hey everyone!
New to BP and overwhelmed by the great amount of expert and advice here!
Im currently in contract for my first Investment home.
Purchase price 153,000, dp= 30,000.
After I pu...