Abe Rouz
Advice on FHA Loans
Hi, my fiance and I closed on a house, both of us are on the deed, however I was the only one able to qualify for an FHA mortgage. We both brought half the downpayment + closing cost. My question is, what are some thi...
Rene D.
100 YR Flood Zone (Insurance)
If anyone has a park in a flood zone, can you share what size your park is and what you are paying for flood insurance? I'm considering a park in a 100yr flood zone.Anything I should be mindful of?Thank you!
Lilly Shamam
Subdivided lot sold
Investment Info:
Single-family residence buy & hold investment in Keansburg.
Purchase price: $80,000
Cash invested: $80,000
Large lot purchased in order to upgrade the property and get it ready ...
Alyssa Ciccarelli
Live in NJ, have real estate in VT; looking for a year-round CPA
Hi, I live in NJ and have rental properties in Vermont. I am a newbie in real estate and still have a fulltime job where I work remotely in NJ for a company based in Seattle. I'm looking for a CPA (year round) to not...
John Hovanec
Cash out on my 1st rental
Hello bp,
I’m getting ready to close on my first rental. I’m going to hold the property in my business name. How hard is it going to be to refi and pull out some cash? Im buying this property with owner financ...
Tom De Napoli
Older millennials leave big cities and move to the suburbs
The location preferences of young adults hold large consequences for real estate investors. The trend for the past 10+ years has been that the millennial generation (those born between 1981 and 1996) are opting to li...
Brad Rondeau
Depreciation Recapture Questions
I bought a condo in Laguna Niguel CA in December 2009 (7+years ago). I lived there one year then bought a bigger home with my new wife. I continued to own and rent the condo. Cash flow in coastal CA is very hard to...
Jesse Daconta
1031 Exchange into a rental and then primary residence?
Hey guys,We have a friend that just sold a rental property and made $120,000. His plan is to 1031 exchange it into a rental in another location. After two years, they want to make this their primary residence. Is this...
Paul Kennedy
Anyone use 401k to purchase investment properties?
Has anyone used their 401k savings to purchase investment properties or is the penalties and being taxed twice just too much? Thanks in advance.
Kimberly Jones
Lease Purchase and the $8k tax credit
Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...