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The Federal Housing Administration’s (FHA) Office of Single Family Housing announced that the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are ...
I'm looking to househack my first home within the next year. Can someone give me some advice and also show me how to analyze potential deals please. Thank uou
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I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...
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Hi BP community,Does gifting money reduce your taxable income? I know the limit is $15,000 for tax free gift, but does it reduce the gifter's income for that year? Say you make $90,000 and you want to find someway to ...
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Hi All,
Got an interesting situation and wanted to see how you all would handle it.
Bought a lake house in TN (near my hometown) for $250k. 50k. from our HELOC and then financed the other 200k. We were going to...
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I know that the best approach is to get a CPA to look at your personal tax situation and help you make the best decisions, and I will do that, but a little education on my own is worthwhile and will reduce the amount ...
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I seem to get this question, or some variation of it, fairly often. "Which is the best bank"? "How much do I have to put down"? "Do I need to buy it as a second home"?
The answer to all of these questions is, it d...
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NOT looking for a hard money loan (so I guess that I should assume that no one will answer this).
I don’t want to pay astronomical fees for a HML especially if it takes longer to fix up for whatever reason. Is there ...
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Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
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Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...