I purchased a property with the intention of selling my primary residence (5/3 - suited for a family with kids; 3500 sq.ft.; ) and making the purchased property my primary residence. Due to this, I applied for a prima...
So, I've gotten super excited about real estate these past couple of months, specifically multi family. Because of this, I got super bummed out when I heard the fact that it's a lot more difficult AND expensive to get...
I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...
Hey BP. I am from NC and I am new to the game here and would love to hear everyone’s expert opinions on what they think about this subject. I am currently looking for my first investment property. I am a veteran and I...
Investment Info:
Single-family residence buy & hold investment in Palmdale.
Purchase price: $385,000
Cash invested: $6,000
Originally purchased using FHA loan as my primary residence, then refina...
I was wondering if someone could give me the pros and cons from an asset managment and tax perspective regarding doing a cash out refi to purchase a rental condo ( for cash)Rates on owner occupied properties are about...
So I've been thinking of ways to creatively and legally utilize an FHA loan to fund a multifamily property. Reading the FHA guidlines I've seen that if I have another name listed on the mortgage only one of us needs ...
I have a question regarding financing options for my situation.Facts:
Own my personal residence free and clear.Have enough in savings to pay cash for one single family rental if I choose. Excellent credit.No debt of ...
I just purchased my first single family 3 bedroom house that came with a non-permitted detached in-law unit in the back, typical for Oakland Ca. I am planning on living in the in-law unit since I got an owner occupie...