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Hello All,
Scenario: First time home buyer (Monrovia, CA) qualified for a FHA loan at about 4.25% interest. With that came a 5 year PMI. 2.5 years into homeownership and there is over 20% equity in the home (...
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I have a condo in San Jose that I bought in 2012 for $166,000 (it has been rented out since the purchase). Market Value is now $400,000. Im looking to complete a reverse 1031 exchange and purchase a single family re...
Hey! I am thinking of buying a property close to campus for my fifth year and using the FHA 3.5% down payment. My close friends are likely to be my tenants for the first year. My parents still have money saved in a 52...
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Hey I’m a newbie investor or should I say aspiring newbie investor and I kind of wanted to know what I could do to enhance my knowledge on real estate investing.
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Hello all! I just joined BP after having read many great posts over the last few days. I'm in a bit of a jam and I'm looking for good, smart ways to move forward. I know it won't be easy.
In 2011 I purchased a duple...
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I have a VA single family home that I moved out of after living there for 5 years .. just moved into a duplex one year ago with an FHA .. so both homes are still on existing mortgages . would I be able to obtain ano...
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I'm starting my venture into real estate investing. I'm about to open a self directed 401lk. I'm aware of the rules regarding only using this account for all things related to the investment property. Does this appl...
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Hi all,I am in negotiation with a bank for a foreclosure home. Looking to buy and hold. I am considering 40% down and finance the rest. Based on this, I still will have a good cash flow after all expenses are paid. Wo...
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Hey everyone, I have a prospective rehab project that is eligible for historical tax credits. Is anyone familiar with these? Or, does anyone know any experts? I would hate to throw an opportunity away just because I a...
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Hello. I have a question that I hope makes sense. If I’m purchasing a fourplex as an investment property and I’m getting 3 units vacant, I’m under the understanding that the one occupied unit alone will not cover or c...