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I've got an interesting scenario here. A relative of mine is purchasing a primary residence through a short sale transaction. The property is owned by an investor who rented the home out for several years. The investo...
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Hi,I acquired a rental on cash for $100k few years ago and it has tenants.The property is worth 200k. so my gain is 100k.What is best option I have to defer any tax gain.1- Buy another project for flip using 1031 and ...
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I’m really interested in starting my real estate journey through the Naca program and house hack. However I was told, with Naca, you have to live in the property as your primary residence for 5years, and they will put...
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Good morning BP. I'm interested in locating a bank to provide a HELOC on an investment property with ~130-140k of equity. I starting scouring the internet and bigger institutions and it seems the lenders doing HELOC...
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Can you get a conventional 5% loan or an FHA loan if you are living in another house? How would the lender know?Can you get the new loan, move in - then move back out to your old home? Any leveraging tricks I can b...
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I've been talking to several lenders to do FHA loan for a triplex in Colorado Springs $530k. I currently house hack a 2/2 Condo and would rent it out. Lenders won't accept any profited rental income towards my income ...
Hey, i need some advice on a current situation. My in laws were selling their house about 2 years ago for about 250k but took it off the market due to my wife's step dad being diagnosed with Amyloidosis. They're getti...
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Greetings!I am somewhat new to investing. I first bought my first rental turnkey using a conventional loan. My second deal was a flip that went bad. I was still able to flip it, but lost about 10k on this deal. BIG le...
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I am a first-time home buyer. The property is a duplex and it will be my primary residence once tenants clear out. The current landlord is giving lease termination notice before I close I plan to rent the upstairs apa...
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When it comes to real estate investing, many investors recognize that timing is key. Seasonality driven by factors like weather, school schedules, and buyer habits affects housing demand and pricing, often making cert...