Hey folks, I am currently brainstorming how I plan to step into the world of real estate. I come here seeking your thoughts and constructive criticism of my proposed method which i'll explain. Basically my deal struct...
My wife and I purchased a duplex in July 2016, lived in it for 26 months before using it as a full time rental, and sold it in September 2020. Our accountant has stated that because we claimed it as a rental the last ...
Good morning,
To preface this deal, I'm currently in the market to purchase my first primary residence so I qualify for the $8k or 10% (respectively) on the purchase. I've been doing a lot of searching trying to fin...
Hello - I own a sfh that I rent out and my tenant recently expressed some interest in buying this home and I am interested in selling it, so it's a win-win. I have about 100k in equity in it and would like to know if...
Hi BP,Wife and I purchased a duplex in NC on June 13, 2014 lived in it until September, 2015 (15 mts) and rented it out for the remainder; we've owned it for a total of 29 months. We moved to Florida for work. Can w...
How many times are you able to access a VA Loan/FHA loan without refinancing previous loans? For context, I have used my VA loan twice, both as primary residents. I bought one at my second duty station then my second ...
(Sorry for the horrible formatting, don't know why bullet lists don't show up.)I just want to make sure I understand how the mortgages are traced, from what I've read online and from biggerpockets forums. When I buy a...
Do anyone know how long you can own a property without paying too much capital gains?
Current situation. Current home under va loan. Lookinh to have my wife refi under her name only. So i can. Buy a investment home with my va loan. Anyone know if this is possible?
I'm a new investor and working on making my first purchase. I was approached by an agent who claimed I most likely wouldn't qualify for a conventional loan based on the fact I wouldn't be living in the residence.I hav...