I had a friend ask a question related to the capital gain exclusion on the sale of a primary residence. Currently you must live in the residence 2 out of 5 years for eligibility. As I understand it, this will change o...
Hi,
This might be a very basic question. I live in Los Angeles, California and have an investment property in Texas. If I were to start an LLC, do I have to have an address in Texas? Or can I use an address in Calif...
How do I put down 3% instead of 15 to 20% for an investment property without it being my primary residence?
Investment Info:
Single-family residence buy & hold investment in Prineville.
Purchase price: $245,000
Cash invested: $50,000
This was our primary residence that we are lived in for 6 years while...
ORLANDO!!!!!!!!!! (duh!) :superman:
Good Evening I am 2 years discharged from a chapter 7 BK. I want to refinance my primary residence and pull out some cash to invest. If I refinance and stay below the 80% LTV, do still I have to have PMI added to my l...
Hello everyone,
My name is Chanda and I’m from Milwaukee, Wisconsin. I am currently residing in Rockford, Illinois. My goal is to own rental properties throughout Milwaukee and Rockford. Hopefully opening a man...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $106,625
Cash invested: $48,000
Sale price: $235,000
Flip was purchased with termite damage and was mostly gutt...
This pops up in your inbox, and you check your calendar to make sure you can go...
Hi all,I never purchased the multi-family investment and I want to get into this type of an investment.I red numerous post regarding the multi-family, but I was wondering if I can get help on what to watch for in mult...