Kristy Pedersen
203k, Capital Gains Tax
I purchased a home in April 2017 with an FHA 203k loan. I’ve been living in the property since December 2017. I know that the IRS offers capital gains exemption for people who have been living in their properties 2 o...
Romard Palmer
Can I get a loan with employment outside the USA or should I wait
Hello all BP members. I'm an Accountant currently living and working outside of the US for the next two years. I want to start investing in the Orlando FL area where I lived for the past 6 years. My question is, would...
Jerry Padilla
Using Rental Income To Qualify For Conventional Financing.
Fannie Mae doesn't require a two year history.Freddie Mac does require a two year history. INCOME—RENTALIf any rental income is reflected on the borrower’s tax returns for the subject property than that rental income ...
J Yong
trying to get started
trying to get started in real estate investing, in googling, came across this site, cashflowbargains (you can add w and com to it to get it) where there appears to be some great opportunities in Florida and Tennessee....
Jordan Vires
Cash Flow per Single Family Property
Greetings!
As a general rule how much should a single family property cash flow to make it a potential buy? I am familiar with the 50 percent rule often used on Multi Family properties. Is there a similar rul...
Ryan Thomson
How to Negotiate and Use Seller Concessions
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
Westen Barnes
Can you refinance subject to, to who's now on the deed
if I wanted a property to hold and had the owner subject to the property to me but needed to be off the loan with in two years for other purposes but but the property makes for good money later but the Note is to high...
Jonathan Beckerman
Need Financing Advice
I purchased a 2 family with an additional livable attic floor. I live on the first floor renting top 2 floors as short term rentals.My Mortgage is at 3.35% and I rehabbed the house at 60k or so. Now I want to refina...
Teddy Kogan
Bank financing and unemployment
I was laid off from my construction management job a while back and I'm thinking of getting started in REI as it doesn't look like I'll be finding a job anytime soon. My credit score is in the 700 to 750 range and ha...
Kaizen B.
Failed to claim depreciation on rental
I was unaware that I would have to pay taxes on depreciation when I sell my rental property whether I claimed it or not...which I haven't done for the two years I have owned it. So now I'm trying to figure out how to ...