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So I just recently purchased my first investment property, and during the process, the mortgage lender was trying to nudge me into getting the loan as a secondary residence (stuff like: "You'll get a lower rate, you c...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Peoria.
This quaint, all-brick 4-plex offers our residents security and privacy in a serene setting. Each unit boasts 2 bedrooms, ...
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Question on 1031 exchange. I am a buy and hold investor, have never done 1031 before, so any help is appreciated. I bought this house for primary living: $1m on a traditional feddie/fannie loan, plan was to live in th...
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I have this situation:I am buying a property that I would like to keep as a rental (triplex) and the owners want their money in 2 months, so my options are:1.-Buying owner financing with 10K down for 1 month, fix it (...
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Can I get an FHA loan with the 3.5% down on a triplex that's 20 minutes away from my home and mark that as my primary residence to get the loan while I live with my parents at my current home and work on the other uni...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Peoria.
This quaint, all-brick 4-plex offers our residents security and privacy in a serene setting. Each unit boasts 2 bedrooms, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/592899/small_1621493345-avatar-kenr17.jpg?twic=v1/output=image&v=2)
Hello, I live in MD looking to pick up an reo in FL to rehab as second home. I am in this business, and know the ropes, issue is I am told by an agent friend that I can not submit offer until after 16 days giving resi...
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Hi there,
I have a property that's in an LLC and has been used as both a longterm rental as well as a primary residence (this includes 2 years total within the past 5). If I choose to sell it in it's current LLC stat...
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Hi BP Community,I am ready to buy my first property in Arizona - question now is how should I finance it?I have been travelling for 2.5 years and don't have traditional W2's to show the banks. Would I qualify for a FH...
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Seeking the services of a CPA for the first time to prepare and file individual returns. I have multi-state residency and income in 2017 (Delaware and Maryland) in addition to a new rental property (Located in Maryla...