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Want to refi and am on the verge of starting evitcion. How does me starting eviction affect re-fi? Income from the property might be considered for qualifying.
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Hi,I currently have an FHA on a 4/4 duplex (South Florida) and I also recently got married. I have read that having two FHA loans at the same time is prohibited except for the following reasons:Multiple FHA loansIf y...
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Hi all,I currently rent, and am torn on what next steps should be. I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of...
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A tenant has indicated she wants out of her lease early due to her mother's failing health. Regardless of the reason, I am glad to let her out early as she was an inherited tenant and she has been a concern since day...
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Hey Everyone,We have just moved into another home recently. We lived in our recent Residence for 12 years. I am considering renting out my old home and understand that we will lose our mortgage exemptions on taxes. ...
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Hi,I have a client who is going through a divorce. His ex wife lives in their marital home and wants to refinance the home right now because she can't afford the mortgage. He wants to wait 6 months so that he can buy ...
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I have primarily been involved in mostly cash transactions, as well as a good amount of hard money closings. Can you sell your rehabbed property to buy more distressed property using 1031?I have recently been in a wor...
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Hey everyone. May be an easy answer, but I’m not sure. I currently have a conventional loan on my home and am wondering if I can use an FHA loan to buy a duplex so long as I move out of my current home and into t...
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HelloI sold a property that I bought for 680k 10 year ago and sold for $850 minus fees so $800k. There was a loan of $550k so I now have 236k in and 1031 exchange account and want to buy a property for $438k. The ques...
Have been reading that a solo IRA would be a better vehicle for purchasing property as the property can be leveraged with a non recourse loan and not have to pay tax on the gains associated with the loan portion at th...