Joshua Hollandsworth
Using HELOC to buy more prooerty
Talk to me like I'm 5. When purchasing a new rental property, can I pull A HELOC to put a down payment on another rental property? What are the Pros/Cons/Challenges I will face? Thanks!
Daniel Courant
Strategy to buy first multi-unit
Hi - just looking for a sanity check as I strategize to buy my first multi-unit building. My daughter is a freshman in college, so plan is to buy a 3 - 4 unit building near her school to owner occupy for at least the...
Ruben Parra
New Member from Orange County, CA (Lake Forest area)
Hi everyone!What a great community we have at Bigger Pockets! I'm already halfway through the podcasts since joining only a couple of weeks ago. I look forward to participating, learning, and hopefully partnering up...
Justin Norman
ADU Tax Advantages / Questions
Hello,
I am looking at building a primary residence with one of the large builders in my area. The Utah State Legislator passed a law last year overriding all HOA's allowing Primary Residences to have rentable ADU's...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
David Kingsford
2012 college grad seeking advice on structuring first deal
I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...
Huy Le
Should I Create a Corporate for Rental Units
I have 2 rental units with the cash flow of 36k a year. I am thinking to add some more rental unit. My question is, should I keep it as a schedule C on my tax report or create a legel business such as Corp. or LLC ? A...
Account Closed
AirBnb-FHA on a multi-family
Hi everyone,
I want to start off by saying thanks for everyone's knowledge. I've searched a bunch of FHA AirBnb threads on BP and wanted to be sure I'm understanding what I've read so far correctly.
I purchased a mu...
Francesca Coppola
House Hacking: How long do I have to live there?
My partner and I are trying to get into real-estate investing. We were looking for affordable markets with opportunity and moved to Jacksonville FL. We want to go through the STR route to increase our cashflow since w...
Joanne Adrien
Atlanta AirBNB ordinance
I've recently purchased my first rental property in Downtown Atlanta. I'm currently renovating the property and my intention is to AirBNB it however I am concerned about the STR ordinance requiring the owner to be a p...