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I'm sure this has been brought up before, but after searching the forums, I'm not sure I see a direct comparison.I owe about $69k on a property that is worth about $120k. FHA at 6%. Credit score is in the low 700sI...
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Hello all,
We have some equity in our primary residence so thinking about refinancing with cash option and using that money as down for the second house. Currently we are on a 15 year term with 11 some years left and...
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Hey BP! So we are thinking about selling our two SFH rentals which have appreciated decently and also have very mediocre cash flow, as well as our primary which we bought really as a "live in flip". Selling all 3 woul...
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Hi All,I have my first flip under contract and close on 8/31. We have been considering downsizing our primary and would like to build a new house for that and then turn our current primary into an investment property....
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I'm going to purchase a new primary residence in Feb/March of next year. I know that my income will not qualify me alone. Will I be able to count 75% of expected rental income for my old primary when calculating inc...
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Hello!
I have been a long time listener of the podcast and read a few different investment books and I am interested in building a single family rental home portfolio.
I currently live in and have been rehabbing a 4...
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I'm looking to sell two properties, one primary and one rental, and use the profits to pay cash for a new primary. I'm wondering if there are some strategies to minimize my capital gains tax burden. Here's the situati...
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I have a rental property that was originally purchased as my primary residence. I rented it for several years and now want to occupy it again as my primary. If I occupy for two years can I then sell and be exempt fr...
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Hi All - My wife and I are in process of buying our first home in NJ. Townhouse new construction in Morristown area. I'm a little concerned about tying up down payment in primary residence that could be used for buyin...