Sanjiv Mehta
Financing options for SFH rebuild in San Jose area
I got lucky with a SFH and got it much cheaper than appraised value in Aug 2020 for $1.8M. Our plan is to demolish the house, build a new there, live in it for 2 years and then sell it and get the $500k tax exemption....
Jen Narragon
Multi-unit investment properties are the way to go...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,090,000
Cash invested: $218,000
Quadruplex in the historic district of downtown San Luis Obispo. Bonus b...
Andrew Johnson
Experience buying a duplex as primary residence not living there?
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...
Jessica N Sites
Help! Worth refinancing investment before rates go back up?
Hello!I've been a member on the forum for sometime, often just reading through answers and ideas. I currently (since 19') have an investment townhome in WV panhandle. I see rates are still pretty low and wanted to tak...
Katie Pellegrin
Can I rent from myself and refiance?
I am in a situation where it would be easier and faster to rent from myself. Now my only concern is being able to refi down the road.
Gerald Jordan
Inheriting property with a 80K mortgage balance.
My sister and I are going to receive the condo my mother purchased for 249K and she refinanced it about a year ago for a 3.49%. I could not talk her out of this as I wanted her to pay the mortgage in full. Although i...
Whitney Turner
Help on where to start my real estate journey
I have $10k saved. I really want to get into real estate. Ideally I would love to purchase a multi family property and go from there but I’m not having much luck with the amount I have saved for the project. Where sho...
Tommy Carey
Gift of Equity in exchange for freeing parents of Mortgage.
My parents are retirement age and my father has had to continue to work despite his declining health to pay off the remaining 100k of a refinanced loan they took. They want me to take over the loan and in exchange w...
Shauna Abbott
Borrow against a 1031 replacement property?
I purchased my first home back in 2009 and I now own it outright. After moving to a bigger house in the suburbs, I turned my first house into a rental (actually, an Airbnb, but either way, it was at that point an inve...
Nick Stille
First Deal: Financing, ROI,and reno repair estimate questions.
So I'm just starting out, about to make my first offer on a house. It's a foreclosure, I'm going to offer 140k. The house should sell for 260k after it's fixed up. The kicker is that it's going to need about 90k in re...