Hi BP community:I have a 4bd SFH property that I'm renting by the room (1 long-term lease + 3 short-term Airbnb). I was doing this while I was living in it last year. Now, I'm looking to acquire a 2nd property and als...
Should I put my primary residence in an LLC if I am house hacking? What are the pros and cons?
I recently got pre- approved for a mortgage and will be moving in with my girlfriend who has a cheap rent stabilized apartment, which will allow me to safe a lot of money.I want to invest in a condo as a rental pr...
I’m trying to understand what are the tax benefits for having a property paid off.
Need some help. Tell me if I'm forcing this to work. Both of these strategies are ones we have not used in the past.
Med-low income neighborhood, houses are taking 30-90 days to sell.
1700sq ft
To sell owner financ...
Hi,
I currently rent and am contemplating whether to buy a house for myself or an investment property (duplex/triplex). The main hurdle I’m facing is that I live in a very expensive city and renting is actually cheap...
Hey California investors and homeowners. I'm considering buying a sfr and converting it into a triplex by adding adu's. I'm just curious to see how it has gone for those of you that have already added adu's to your ...
Just wondering if there are any disadvantages to remove my taxes & insurance from my escrow?
Main reason I ask is that I have one property paid off, so I pay my T&I myself, and another one with a mortgage. ...
Hello BP community!
For a conventional mortgage, is it better to go directly to the bank in order to avoid the lender fees or will the banks charge all sorts of fees as well?
Any advice would be appreciated!
Victor
Hello BiggerPockets Community!I really need some advice on whether to hold or sell my rental property. Here are the details.In 2011 I bought my first home, a 1 bed + den, 1 bath condo for $227 000. I paid way too much...