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How long do you have to live in the property to qualify for an FHA loan? Is it possible to get an FHA loan, live there for a year or so, then refinance and pay off the FHA load an move out?
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Thanks in advance for reading. We are selling our condo and our accountant insists that we are not exempt from capital gains.
We purchased in March 2016 and lived in it 3.5 years until it was rented out for only 18 m...
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Recently I missed 1 payment on my mortgage and realized it when the nxt payment was due....I made both payments and got the account back in good standing, but the company reported to the credit bureaus 30 days late. ...
Hello Everyone,I read that if you've lived in your home for the past 2/5 years and you are in the 0% income tax bracket, then all capital gains are tax free.For example, if I retired in 2015 and receive no taxable inc...
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I have an interest in buying and investing in seller-financed Real Estate Notes, (performing only notes, residential only). What are some of the bigger "red flags" or issues/downsides to purchasing these Nore (other ...
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Ok, so I've searched and come up dry on an answer. I am looking at assuming a VA loan from the seller and wondering if this means I still fall under the rule of having to live in it as my primary residence?
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I'm new to this kind of real estate, was trying to do some research but still not able to get the difference. Like, after Targeted hold period - what happens? You get money back? Or if you want to get your money back ...
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I have a SFR being managed by a property manager. It is currently rented out. I have about $5,000 in the property management account for "cash reserves". Six months PITI (principal, interest, taxes, and insurance) is ...
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Hi all! This is my first post here on BiggerPockets.
I've been thinking about a few things, and had some pretty deep conversations with a friend who is fairly wealthy, and is building up his portfolio.
Here's my ci...
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Im planning on buying my first property this year but dont know if its more beneficial to use my VA benefits or just go conventional especially since im thinking about using the BRRRR method. Any advice would be amazi...