Rahul Handa
Question about Captial Gain tax
I am planning on buying a SFH through FHA owner occupied loan, fixing it up and then selling it. How long do i have wait so i can sell it without paying the Capital Gain Tax and also how much is it for me to pay. Than...
Bhawani Min
Can you get a secondary loan on 3-4 plex
I am new to real estate investing. I am planning to buy first 2-4 plex. I have bought 1 house before in 2010. what is the best way to fund a multiplex for 20% down.. Here is the situation.
The 3plex is 1.9 million wh...
Stephen Jones
Quick question regarding a HELOC
BP,I applied for a HELOC around 3 years ago and got approved for 60K. My question is, after substantially paying against the note and my house going up in value over the last 3 years, am I able to re-apply to potentia...
Daniel Foster
Cash Out Refinance on 5th property - Memphis Area
I have a rental property in Memphis that I currently owe roughly $60,000 on, that is worth about $135,000. The mortgage broker I have been working with says he can not do a cash out refinance because I currently have...
Ted Davis
Considering locations for STR Asheville NC?
Hello all, My wife and I are considering several cities to invest in short term rentals. We are looking at areas where we would also enjoy to take our family yearly. Can you provide some insight on Asheville NC?Is Ash...
Mike Dawson
Condotel at 10% APR??
So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. Anyone have any insight?
Tony Mayo
DSCR Loans and Alternatives
I currently have 10 mortgages in my name so I am just learning about a DCSR loans.
Is this pretty much the only option once we hit that 10 loan cap for conventional loans?
Any other creative ideas that you have see...
Chris Mason
HomeReady/Home Possible opportunities coming to an end.
HomeReady and Home Possible are a pair of loan programs with slightly reduced interest rates, and Home Possible is notable for it's use in "house hacking" since you can do 95% LTV on a 2-4 unit property and get a bett...
Joseph Villasenor
Renewal of lease in TX and rent increase?
Hey BP community. I have a tenant that might be interested in renewing their lease. I had a couple of questions in regards to renewing. Do I have them sign an entire new lease? Is there a limit to how much I can incre...
Angela A.
banks vs. credit unions for loans
Anyone have opinions/experience with obtaining a conventional loan with a bank vs. credit union for rental property? Pros and Cons? Are there better interest rates or amount of loans with one vs. the other? Speed of c...