Damilola Oladipo
How can I use the equity on my home for investment purchase?
I had a non-cash-out refinance about 3 months ago. I am now thinking of using the equity on my primary residence towards an investment property. I need guidance on the best way to go about it. Thanks,
Angie Guifarro
Should I buy an investment property or personal residence first?
I'm based in Miami, FL and currently rent, though I've been saving up to purchase a home. Home prices are high here so I'm really leaning towards investing out of state or in a different part of Florida to create cash...
Phillip Gonzales
Buying Primary Home vs First Investment
Good afternoon everyone and cheers from Phoenix, AZ! So over the last 6 months or so I have been debating on buying first home for family of continuing our rental and buy our first investment. A little backgroundI am ...
Will Payne
Can anyone out there give me a definition of capital gains tax?
I’m wandering if someone out there can talk to me about capital gains tax and how that would come into play when owning investment properties? Would there be a time to sell and a time to hold based on capital gains tax?
Tyson Thompson
Need help on the "Refinance" part of a BRRRR!!!
So - Here are the details of the deal and what I'm looking to do along with questions. Please help!!!!I am under contract on a property to purchase. I am going to do about $10k in renovations after closing. The purcha...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Alex Ficco
OH BUT WAIT… There’s Another Way!
A Bigger Pockets member located in Austin, Texas reached out to me in the DM’s earlier this week with a well thought out question that I think a lot of people could also benefit from hearing about. I’ll do my best to ...
Kenny Tan
Selling Duplex cap gain tax strategy
Hello everyone.
A brief intro. I owned an identical 2x3bd floorplan duplex in Sacramento for 10 years and I have plans to sell for a modest profit when RE market gets better. I hope that would be 4-5 years from now.
...
Brad Roche
Using a No-Ratio Loan to buy a Primary Residence
What is a no-ratio loan? Much like a DSCR loan for an investment property- a no ratio loan does not look at your Debt-to-income ratio (DTI). They are mainly focused on your credit score and cash reserves. This is a gr...
Christopher Morris
FHA Streamline Product
I tried looking into this from a few avenues and haven't come to a conclusion.
I started my first FHA house hack back in November 2023. Being that my year living here is coming up, I was hoping to refinance into con...