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Interested in trying the FHA loan route to acquire first investment property. I understand that the property must be occupied for 1-year, and mixed reviews as to whether rooms can be rented out during that time peri...
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I have convinced a partner to invest with me. The partner will provide the cash and I'll find the deal and manage the deal. Buy and hold. My partner would be the one qualifying for a fha loan on a two plex,three plex,...
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Unfortunately, the burden of proving and qualifying business transactions for the IRS is on us as the investors and small business owners. Most people think if the IRS can’t prove something wasn’t a business expense i...
Long story short, I am in a bad financial condition as of recently. I’m exploring all options to try to save myself. I have about 150k equity in my home and have $215k balance on my mortgage. I owe no back taxes and I...
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Hello,I currently own one house in Arizona which is my primary residence but also an owner-occupied rental (I rent out 2 rooms).I began construction on my second house in AZ which will be my primary residence. My orig...
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Hi BP,I have heard Amanda Han talk about the Opportunity Funds, but I don't hear of any investors planning on utilizing them. After looking at the maps on zones that will qualify, I have noticed in Wisconsin that the...
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I have no real experience in property invesment but have been researching it for a few months now as I am very interested in getting into it. The most obvious route is going with a duplex by applying for an FHA loan b...
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Full Disclosure: I am a tenant in a property going through foreclosure, not a real estate investor. After searching on Google, then reading hundreds of posts here, I found this site to be the best authority and most ...
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Hello all,
I am currently living in a small apartment which I am renting.
Within the next 2-3 years I plan on buying my first home.
Currently, my parents are looking to downsize their home, and I came up with th...
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I want to preserve as much profit as possible for the next deal.
When should one start the 1031 process? Once my flip is under contract? Sooner?
What are the next steps?
Any referrals in the Philadelphia area?