Investment Info:
Large multi-family (5+ units) commercial investment investment in Putnam.
Purchase price: $467,500
This is a little delayed posting as this project is coming close to complete, but I bou...
My hope is that sharing this might motivate another BPer that was in the same position I was just 12 months ago (or even a couple years ago for that matter).
It's hard to believe it's already 3 weeks into 2020...thin...
Hello,I purchased a home with VA mortgage in July 2016. From July 2016 to April 2017 I did not live in the property (it was livable but I decided against it) because I was doing a whole home renovation. From April 201...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Putnam.
Purchase price: $467,500
This is a little delayed posting as this project is coming close to complete, but I bo...
How does the 2 out of 5 rule apply to situations over 5 years. Would it be safe to say if I lived at my home for 10 years then rented it out for 3, I would need to sell it before that 3 year period ended to avoid pay...
Hi everyone, I’m familiar with this rule and believe I qualify. However, I have never sold a home before and I’m curious how is this proven? Do I need to start gathering proof of my 2 year occupancy? Do I sign a form ...
Hi All-I have a question about 121 exclusion rule. I understand I must own and live in my property for at least 2 out of the 5 years. My friend and I bought a house together as in tenants-in-common ownership in 2011. ...
After searching the market basically every day this year, direct marketing attempts with no results, and writing multiple offers that were not accepted, and a cash cow 5 property seller financing opportunity that the ...
I have been involved in purchasing houses at the sheriff sale. I fix and flip all the houses. For the past 3-4 months I am finding that the banks are paying prices that simply don't make sense. I speak to other invest...
I am incredibly new to investing and still in the research phase.Scenario 1: Out of state turn key for 100k, after rehab should be about 150k, rent about 1300. Bank will want 25% + closing costs + reserves. How do I g...