Emmanuel Alexandre
FHA 203K loan for first investment property.
Hi guys, I am excited to start my Real Estate journey. I’ve done hundreds of hours of research on what to do for my families’ first purchase. Unfortunately this housing market seems a bit daunting. I’m trying to stick...
Loren Whitney
Avoid capital gains on primary/rental property
I'm hoping that someone can help me figure out a tax question related to capital gains. This is really a two questions.
I've been reading about the exemption from capital gains if you occupy a primary residence for ...
Stephen Schoon
Can't finance duplex due to 2 separate structures?
Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
Brendan Bouffard
125k to invest, where to start?
Hi everyone. I’m generally new to this community but have read a few bigger pockets books and have been interested in REI for years. My wife and I are currently digital nomads and we have about 125k that we saved up a...
Drew Poniewaz
FHA Mortgage
I have an FHA loan on my private residence. I would like to buy a new private residence and rent out my first house as a rental property. Is there anyway around the FHA loan and renting my original home? Can the FHA l...
Kaylee Walterbach
Better to buy one local property or multiple OOS properties?
Hey all! I live in an expensive market (Denver) and am toggling between buying one expensive property locally vs. buying multiple cheaper properties out-of-state. By buying locally, I can take advantage of all the hou...
Victor Baquero
How to get an accurate appraisal on a SFR with an ADU
I'm hitting a wall with an appraiser who refuses to value an ADU (accessory dwelling) on a SFR I'm trying to BRRRR. I bought a 4br/2 bath SFR and split it down the middle. After a full gut job - (new roof, windows, 2 ...
John Derheim
Hard money loan to finish construction on primary residence?
Hey everyone, A friend of mine has come into some hardship, she sold 2 of her rental properties in an attempt to build a 1 bedroom home for retirement in northern California, she bought the land outright, and has fini...
Julie Philpott
Advice on Selling situation
Hello, I own a small condo in the greater Boston area (Fall River). It has been a great rental with a fixed conventional mortgage rate, generating cash flow from day 1 and already gaining equity due to the increased v...
Nevin Lesnoski
Inconclusive Appraisal / Lack of Comps
Hi everyone,It's nice to join the Bigger Pockets forum world! am just starting out my REI career in Youngstown, Ohio. I recently signed a purchase contract for a property for $124,000. The property was built as a sing...