I have a property with a FHA loan that I purchased last year, If I refinance that into a conventional loan, would I be able to get another FHA loan to purchase another building afterwards?
Are there any consi...
Hey guys, I am in a pickle... I bought a duplex out of state last month, and was waiting to move in there. (Its an FHA loan)Unfortunately, I failed a test for my professional licensing and have to wait one year in ord...
Can you/I sell a house before two years and not pay any Capitol gains?I heard that if you re invest all the money's from a sell back into real estate, if you sell before two years that you are not subject to Capitol g...
Hi Everyone,
I was wondering if it was possible to rent out our FHA primary residence before our first year is up given the following circumstance:
We bought the home a month ago in TX with the intentions of living ...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
Hi, I am looking to buy a HUD home but have several extenuating circumstances concerns. How hard is it to prove extenuating circumstances as a reason to move out of a home early, and who is the judge of what is an acc...
I've seen similar questions posted previously, but have not the exact answers that I need.I'm looking at a Duplex and trying to get an FHA loan as an Owner Occupier. FHA requires me to move in within 60 days of closin...
Hello, I'm located in TX and have a problem I have not found a solution for. I have a Series LLC for my rentals but the lender I refinanced with will not allow me to place the properties in my LLC since the loan is u...
Hi All,I have a plan/strategy that i am considering and i want a quick critique to make sure that none of it is fraud and that it is possible.My fiancee and i currently own (since may) a four unit building that we own...
Hey everyone, this is my first post.This is such an awesome community of knowledge here, I'm super thankful for it! I've searched the forum far and wide to try and find an answer, and while there's many threads about ...