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What is the legal definition of full time residency once you’ve purchased a property under an FHA or conventional loan? Does it differ from bank to bank in regards to the conventional aspect? Would 178 days out of a y...
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Investment Info:
Single-family residence buy & hold investment.
I bought and fixed this small condo, then sold it for a profit.
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Hello!My question is if you sell your primary residence before the 2 year mark, can you still have your adjusted basis to avoid paying any taxes since it would be a breakeven or loss including the improvements made. I...
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I have been working on my home for the last year or so saving cash and doing the work myself.
I would like to take 50k of equity from the home to purchase a piece of land as well as, finish my remodel on the home I l...
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Wondering what thoughts anyone would have on renting out our current house vs selling? We owe $167K house is worth $330K. 12 years left on loan -rent for $2k / mo. Would make pymt and cash flow $150/ mo. However I be...
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I'm a military spouse currently residing in England. I sold my first home in 2018 after owning it for 5 years. I had a tenant in it 3 out of the 5 years and the tenant decided to purchase the property. Despite being s...
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I bought my primary residence with a 5.0% interest rate VA jumbo loan 8/2018. I am getting offers to refinance at 2.75%. My credit has dramatically improved since last year. Loan is $505k. Never done a refi on my prim...
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Investment Info:
Single-family residence buy & hold investment in Union City.
Purchase price: $615,000
Cash invested: $45,000
My first purchase, a place to call home.
What made you intereste...
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Does anybody in cache valley or elsewhere have experience using Reside Rentals to manage their properties?We have a management company in place, but are continually losing money to a few different things. Exploring ot...
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Hi BP,
I'm trying to line up a HELOC on our primary residence in SoCal and running into a wall.
We
bought in 2018 and end of this month we'll have owned for a year. Since
buying we've put a little sweat equit...