Chris Bluem
Personal Residence Refinance Question
I have a mortgage question on my personal residence. It is currently a duplex that I am almost done renovating both units. I have been living at the property for 6 months. My plan is to split the deed into 2 separate ...
Anna Kay
Do I need to get a CA LLC for out of state rental properties?
Do I need to get a CA LLC for out of state rental properties if the LLC is for the sole purpose of qualifying for a DSCR loan?
I live in California and need to form an LLC to get DSCR loans. I do not plan to buy prop...
Paul Hom
Cap Gains on a personal residence turned rental
Hi there. I had a quick question about selling a property.We lived in our residence for 5 years, then because of a new job had to move away. In our absence we rented the house out for the past 2 years. So over the ...
Justin Melton
Residential Bridge Loan
My parents are purchasing a home in Indiana before they sell their home in Florida. The are looking $350-450k price range.
They are wanting to pay cash for the home in Indiana, but won't have the money to do that u...
Juan Campos
Serious question fatherin law helping with first home
Hello guys my name is Juan this is my 1st year working as a contractor an I have taken an interest in real estate investing however with no previous work history and no previous filed taxes I know I won't qualify fo...
Jheanell R.
Can I Get Another FHA Loan If I Have Another Child?
Hi,I currently have an FHA on a 4/4 duplex (South Florida) and I also recently got married. I have read that having two FHA loans at the same time is prohibited except for the following reasons:Multiple FHA loansIf y...
Neil Quinn
Current renter. Given market conditions, what would you do?
Hi all,I currently rent, and am torn on what next steps should be. I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of...
Marty Summers
Primary Residence turned into Rental
Hey Everyone,We have just moved into another home recently. We lived in our recent Residence for 12 years. I am considering renting out my old home and understand that we will lose our mortgage exemptions on taxes. ...
K T
$8000 tax credit question
Hello everyone. I am new in real estate investment.
I found one property which is good as investment. I am not planning to live in this property, hopefully to find my primary home by end of 2009 after buying this one...
Account Closed
Primary Residence Question - It was and will be again - refi?
Here's my situation:
- Bought duplex in mid 2016. Lived there for one year on one side of house.
- Bought single family home as my primary residence in mid/late 2017. Lived there for 14 months.
- Moved back into du...