Chris Clark
Using First Time Home Buyer exception to buy a duplex
I've looked multiple different places and haven't found anything discussing this. Anyone have any specifics if you can use the first time home buyer exception to buy a multi family home? I imagine it wouldn't qualify ...
Zac P.
Rent to Own Question
My attorney says I can only do 3 "Rent to Own" per year. I was seeing what others knew about this or could verify specifics? I was hoping to build an entire business around this model, so I'm disappointed if true. Her...
Richard Jumonville
Do I need both Buyer's & Seller's Title Insurance
Hello, I'm under contract on a 4 unit apartment building I plan to buy and hold. I'm placing title insurance because I want to be protected and plus the lender requires it. However something new came up today. My titl...
Tom Wheelwright
Are You Active in Your Rental Real Estate?
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash...
Erick Garske
Executing the BRRR Stragegy
I a executing the buy, rehab, rent and repeat strategy. That said, now that I had purchased a property with all cash, rehabbed the property I am ready to refinance and use the cash out proceeds to purchase another pro...
Shedrick Archangel
Shreveport Louisiana Market
I would like to invest in the Shreveport area. How is the market for single family and multifamily housing?
L Huang
Taxes when convert Primary to Rental to Primary - 2009 Exclusion?
Hi Everyone, Happy Holidays!In this article about "Taxes when converting your rental to primary" - https://www.nolo.com/legal-encyclopedia/taxes-when-you-convert-your-rental-property-your-personal-residence.html, it m...
Asif Ibrar
Do I qualify for FHA loan? If I have Joint mortgage already?
In 2016 I help my dad get a house by taking a Joint mortgage with him. He has been paying for the mortgage since then. I am interested in buying a fourplex with FHA loan. I want to know if I will qualify for FHA. Inco...
David Woolfork
Delayed financing exception
Please help this BP newbie out. I've been reading posts on the "Delayed Financing Exception" by Fannie Mae. Lets say that you pay 70k all cash for a house and the house is appraised at 100k. As I understand it you ge...
David Ostrow
Auction.com Occupied Property - but no one lives there.
I am looking at a property on auction.com. it is an "occupied property" I have done the title work and it looks like I will get a clean title with the exception of the occupied status.There is clearly no one living t...