Justin Turpin
Will house hacking hurt me getting a construction loan
My wife and I are looking at selling our personal residence this fall and starting the build of our new house. We both have W2 jobs. I want to dive head first into rentals as soon as the build is complete. However, in...
Daniel Mendez
Texas Investors: For those of you who flip properties
Good afternoon investors,Can anyone tell or shed some light as to what is the minimum % of the ARV (excluding repairs) are flippers looking to purchase properties at in DFW or in Texas?Thanks in advance!
Joseph Diryawush
Clearing conditions on FHA Loan
I have 2 cars that we are trying to exclude the payment from for dti ratios.
One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)
this one is giving me a problem because they ...
Matt Crow
First Multi Family question
Ok, we've decided that our first Multi Family unit will be a 3-4 unit one. I'm seeing a few different "parameters" though on how to narrow them down.We're looking in Southern NH only right now. Specifically in Hillsbo...
Joseph Ortiz
Local PNC Insurance....How much do we actually need?
Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
Daniel M.
Cutting Through the NOI Chaos: Let's Set the Record Straight!
I've come across a bit of a conundrum: conflicting information on how to calculate Net Operating Income (NOI).
Every article and book I read has a different take. Some advocate for factoring in debt services, while o...
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...
Christopher Veljkovic
Backyard privelges in nj
I am a owner occupied landlord of a two family home. I have 3 small boys. I am wondering can I exclude the tenant from using the backyard?
Daniel James
Colorado DR 1083
Hey guys,I am a new AZ resident selling a property in Colorado that qualifies for section 121 exclusion of the IRS code. The property was our primary residence from March 2010 to June of 2013. After that date, it was ...
Jerry Thao
Tax implications Selling 4plex in LLC
Scenario: Purchased 4plex under personal name in 2016 and owner occupied for 2 years. After 2 years, we moved out and Quitclaim Deeded the 4plex into our LLC in 2019. Now we are thinking of selling 4plex this year 20...