So in trying to get into renting in tn in a year when I move there. I want a nice house that I have some land to hunt and farm but my problem is when I first start me and my wife will have jobs but let's say we want a...
I found a house with an ADU (coach house) that is legal. It has the documents and everything. The main house has 3 floors. Including a basement with 2 independent entrances and exits. Separated meter for the ADU, the ...
I have recently purchased a house that i have moved into. I purchased it using my business line of credit from a local bank who holds the mortgages to many of my properties. I intended to refinance the loan on a 30 ...
Can I use an FHA Loan to buy a multi-family as owner-occupied but only live in one of the units on weekends? Please let me know your experiences or provide any insight on this. Thanks
Hello BP Community,
Hoping one of the tax experts out there can provide me some clarity. I've read that this statute allows taxpayers to to ignore any "nonqualifying" use of a property that occurs after the last dat...
Hi,My husband and I are currently renting a SFR in San Jose because of his new job but we are looking to buy our first home in Southern Orange County (where we were prior to this job and where we plan to return in the...
Hello BP Community,Something I have been thinking about recently and would appreciate guidance or thoughts on. This year I will be purchasing a personal residence and an investment related property (2 separate purchas...
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $40,000
Cash invested: $40,000
Three Floor 6BR/2BA 2,062 Sq. Ft. with beautiful hardwood floors. Excellent as multi...
Hard Money: What's covered by what?
In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?" Or, "is it owner occupied?" Is it commercial property?
Do...