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Good day,I already have a primary residence and want to house hack. Has anyone done this? I want to get an FHA loan so I will live in it for a year. I am thinking of getting a property near my current home so this can...
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Good evening,I'm leasing out a 2000 SF shell retail space on downtown strip that's been used for retail for the past 15+ years. Stripped down to shell since last tenant. It's useable with minimal build-out as-is but a...
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Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? Backstory - we have an apartment complex that had a $339k loss o...
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Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
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I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
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HI BP community, My parents have a rental that they'd like to sell and exchange for property in a better location. The goal is that in the future my brother will move into that new property. However, the problem is th...
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Let me start simple. We have a home which is paid for.We have a condo with $116,000 balance 5/30 ARM, two years in.Want to start investing in SFH. Plan is up to 10+ properties or $40k- $50K total cash flow which eve...
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Hi BP— Wondering if anyone has ever done a direct mail campaign for a primary residence? Would you structure your campaign any differently than a regular direct mail campaign, would your letter/postcards be worded dif...
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Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...
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Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...