Dustin Sanders
Purchase Primary Residence (house hack) w/o Income??
How would I get a loan for a new primary residence without income verification? I’m thinking of buying a duplex and living in 1 unit, renting out the other though I’ve quit my job and currently living off of my rental...
Conway Churaman
Newbie FHA loan question...
Hi all. I've been lurking for a little bit and I still have so much to learn. So forgive the newbie question: must I work in the same city where I intend on purchasing a home using an FHA loan? I live (for the momen...
Ansel Blanco
Want to get into rentals using my home but in an FHA loan
Hi!I want to get into rentals using my home but in an FHA loan. I am planning to move from the property in 6-8 months.1. Will I have to refi into a conventional loan?2. What strategy is best for keeping the home as a ...
Raul R.
Selling my 2nd Home in NYC, anyway to avoid Cap Gain Tax w 1031?
Hello all, I have a 2nd home that I'm in the process of selling in NYC, RIverdale.. Its a Studio Co-op, bought it in 2002 for 62k and should be able to get 130K. Spending 10K in renovations, currently in the middle of...
James Lee
Home Sale Gain Exclusion - Qualification When Transferring Title
Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
Hi All. So excited to be a new member in the BP community!
My parents in-law bought their primary residence in California for ~ $350k and now it's worth over $2mm. Obviously, their capital gains are well beyond the ...
Young Nguyen
farm to rental investment on 1031
I'm in the process of selling my farm, am I able to use my 1031 to get rental homes? sorry for such a noobie question, I tried searching but couldn't come to find anything conclusive
John Barton
Using Future Rental Income to Qualify
Can you use future rental income to qualify for House Hacking?I have talked to a few lenders who say that I cannot count future rental income and it is making it difficult to qualify for a loan based on my income alon...
Matt Johnson
Capital gains on primary residence question
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
Trevor J.
Selling home after 1.5yrs - Will Capital Gains Tax be Excluded?
Hey All,
Has anyone had any success with having their capital gains tax excluded upon sale of your property after living there for only 1.5 out of the last 5 years?
In Garrett Sutton's book, "Loopholes of Real Estat...