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Hi BP!I live in Atlanta, GA and purchased a 1 bedroom condo in Dec 2016 for $328,000 with 20% down and spent somewhere around $30k in renovations. I did not have to pay closing costs since I used commission towards it...
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Hello, I am currently living in a house while renovating it top to bottom in order to force appreciation so that I can either; a) sell the house and buy an investment property or, b) force appreciation and draw out eq...
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What can you do if you have more than $500K in equity when selling your primary residence? Can you "1031" the balance or any other restructure to not pay tax on the gains?
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Hello BP! Anyone ever use your personal home equity (basically your own residence) to purchase a real estate investment? Good or Bad?
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So, primary residence. We owe about 175. Zillow says it's worth about 265. Quick searches of recently sold props in our neighborhood say the Zestimate is, if anything, on the low side.We want to invest in a seasonal r...
Hi guys,
We have a home worth 650k, we owe 350,000 in a place where we couldn't afford to sell and buy another property (got in 2021, the 2.8% interest rate and before the crazy NW boom in Idaho.) We are stuck becaus...
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I’ve been lurking here on and off for a while and am hoping to get some advice before seeking out a CPA.
I bought a condo in the Bay Area back in 2000 or so. I lived in it over 5 years and then moved out during the...
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Hello,
Has anyone gotten a 100% LTV Home Equity Line on their primary to fund deals?
What are your thoughts on this and does anyone have names of banks and or credit unions that do these types of loans?
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Question about selling my primary residence in San Jose that has about $1M in equity. We purchased it for $550k in 2012 and now it’s worth close to $1.5M and hoping it will go higher since The Bart station will open a...
I own a small 2 bed/1 bath home on 40 acres 30 minutes north of KC. Been living here for 5 years and owned it for 3. Got it for a steal, so we have a lot of equity, but the house needs a lot of work. The original plan...