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I have started to look at properties in Alexandria, VA because I want to be closer to work. I was originally thinking of renting, but after listening to BP podcasts I thought it would be better to just buy a house and...
Hello all! I have a question about the owner occupancy clause of an FHA-backed loan. I am looking to use an FHA loan to finance the purchase of a great Triplex that I found in Rhode Island. I currently live and work i...
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So I'm currently living in Massachusetts, considering a multi-unit house hacking opportunity in New Hampshire. The lender agent denied the FHA loan application, because my current residence is much more expensive than...
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I have a quick question for you regarding physician loans.
My girlfriend is an MD at Texas Children's in Houston in her 2nd year of residency.
She is considering buying a house (400k-500k). We are also considering p...
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Hi, I am not a permanent resident of the USA, yet I would like to be a real estate agent in USA in the near future. I have decided to go with real estate express to take my pre-licensing courses and the following ste...
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Good morning,
I am drafting my first lease, and had a question regarding the lead disclosure- it is a SFR that was built in 1988, so no lead paint. Do I still need to put the lead clause in the lease and give th...
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We have a single family rental property worth roughly 400k. With a 1031 exchange could we purchase the land to build multiple houses to rent for at least a year? Also could we build one of the houses for ourselves as ...
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I have a house that I lived in as primary residence. Then I had to move out of state for work, so I turned that property to a rental. Now if I do a 1031 exchange, will the next house need to be a rental or primary res...
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Good Morning, is it safe or frowned upon to remodel your own home through your LLC if you're going to use the home as financing for other properties (heloc)? Thanks in advance look forward to hearing what everyone says.
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Hi folks, I'm purchasing a condo in San Juan, PR as my Primary Residence, so obviously the bank and the IRS expect me to live in that condo for "the majority of the year." I thought the IRS would be more specific by s...