Investment Info:
Single-family residence other investment.
Purchase price: $132,500
Cash invested: $25,000
I just bought a new primary residence and because I am always talking, buying, and working i...
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...
Hello, I've been tossing this idea around and doing the math and would love the communities thoughts - Theoretically, let's say your annual income would allow you to save $100K a year. Would it be better to pay off yo...
I’m looking at getting two investment properties to buy and hold for a few years then sell with the intent of utilizing the 1031 exchange program. What I’m trying to figure out is if I can refinance my personal resid...
Hi BP community,Would you advise I own a primary resident before I get into real estate investing? I would eventually like to get into the LTR space and build a strong real estate portfolio. My family and I are curren...
Currently live downtown Columbus and have about $150k in equity in our house. We would like to move out to the country to get some land and a cheaper mortgage payment so we can invest in rentals. What advice do you ha...
I am getting a RLI personal umbrella policy from an independent insurance broker. My broker listed my rental as my primary residence, but I am renting/living out of state. If I technically do not have a primary reside...
Forgive the lengthy post!
I am a new member to BP and literally can't absorb all this information fast enough! I have a long history in real estate first being licensed in 2005, then went into financing, back to rea...
Hi, Want to check if it is OK to use 1031 exchange on the proceeds from selling a rental property (held for 4 years) to fund expansion and remodelling of current primary residence. Please advise.
First post here! We own two properties:
-Our primary residence: $345K left on mortgage (about 28 years remaining since we refi'd 2019). Current rate is 3.875%-Rental home: $225K left on mortgage (26 years remaining s...