Hi BP, I'm currently looking to put a low down payment on my first 2-4 unit primary residence, and I've been pre approved to go with FHA. A lot of the homes I'm interested don't qualify for FHA financing due to their ...
Hello all!I am a California resident and am planning to purchase a home in Texas within the next 6 months using an FHA loan. I am aiming to purchase a fourplex, and owner-occupy one of the four units.There is a cavea...
We are in an odd position if this tax reform to the capital gains for primary residence gets passed as planned. We've owned our primary residence since October 2014. Since we had over an acre of land we had it surve...
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
hey good morning i am in a little dilemma. i’m looking to buy my first house, but I recently started a 1099 job and I was looking to get a loan from the bank but I require two years of tax income for the 1099 in order...
I talked to a lender the other day about options as far as mortgages go. Has anyone used the second home mortgage? I noticed it had a lower down payment (10%) and as long as you occupy it for 14 days a year or 10% of ...
Good evening fellow BP'ers,
Here I am at 12:08 AM searching the depths and nether regions of Google and BP hoping to find some information on a question I've had for quite some time. I've tried searching various key ...
Hello BP community! My name is John Oliver Mendoza and I'm a 24 year old software engineer in San Diego looking to get into REI. My family has lived in section-8 housing for the past 12 years and last year I was able ...
I purchased my first home in 2014. It was listed as my primary residence, but has been an investment property for the last 2 years since I had moved in with a friend. At this moment I am looking to purchase my next p...
We live in Salt Lake City, Utah and we bought a house a little over a year ago as our primary residence. We will be selling it for a profit that will put our annual income well over $80K for the year but want to make ...