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Hello. I am in the process of securing a HELOC and renting my current home out. I will be purchasing a second property within the next 3-4 years. How do HELOC's impact the purchasing power of a new home? I imagine...
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What if you lived in a property as a primary residence for 2 years, and rented it for 4 years, then moved back into it for 2 years before selling it? Does it still qualify for the capital gains tax exclusion or will o...
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If a property is a Fannie Mae Homepath property and there is an initial period of time where only owner-occupant offers are considered, is it true that ALL offers are considered AFTER this time period ends, or are the...
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Does anyone use this formula when analyzing a potential investment?
I'm looking at different methods of analysis but I'm having a problem at one part.
Here's an excerpt: The percentage of loan paid off in the hold...
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I'm looking into buying a property from the VA. I've already noticed a few qwirks like a shorter inspection period. Are there any other "gotchas" I should know about? Thanks.
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Hello everybody,
Just starting out on BP and starting to lay some groundwork internally to enter REI. That being said, my primary mission right now is saving capital, increasing liquidity and lowering personal overh...
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I'm new to REI and have been attending the weekly Sheriff sales to get a feel of how they work. There are actually properties in my area that would be worth buying. Other than a title seach to check for liens or a s...
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I am considering purchasing a property at a tax auction in the next couple of weeks and I am wondering if anyone has any idea when I would be able to finance the property. In the State of Michigan, I am required to p...
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I’ve done some flips and rentals but want to do some wholesaling. One question I have is when I go under contract for a property and put a 30 day close, what if it doesn’t close? Do wholesalers extend these, drop the ...
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I'm still trying to wrap my head around RCW 59.18.650, and am pretty damn confused.
Is it better (as a landlord) to have a lease that provides for the tenancy to continue for an indefinite period on a month-to-month ...