I live in a small town outside of Nashville. My initial investment goal is to acquire a four plex and live in one of the units while renting out the other 3. I qualify for an FHA loan and was going to use that finan...
My bank, Schools First FCU says I can do 3% down on a $650k SFH or 5% on a $750k SFH, but if they see that the home is actually a Duplex then they force the Down Payment to be 15% even if I can qualify for 3% Down wit...
I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...
Hello BP!
I am a longtime newbie finally taking action. Yay me!
Property #1 - I have a semi-detached SFH in Baltimore, Maryland that will be ready for a tenant by May 1st or sooner. I live out of state. The nei...
I'm curious to hear landlords describe they best tenant they ever had.
Here is the profile of my best tenant ever, who I've had for 7 years now:
1) she's extremely kind and courteous to me, the neighbor...
I'm living in the home in Southern California that my ex-wife and I purchased before the divorce. We had agreed that we would continue to co-own it and that I would be living long term. Whenever we did sell that we wo...
I have recently come across a NPN on a beautiful home in Pasadena, CA. I have been offered this NPN at 50% UPB ($700,000) and the 30 day fire sale price for this home is $840,000. I have contacted someone that I know ...
Hi Everyone,I live in Ontario, Canada and my mother owns 50% equity the house we are currently living in (valued at ~$800k a couple years ago), and the other 50% is owned by extended family members. My mother is the o...
Sorry, this is long, but there's a lot going on here...
Tenant Issue/ Section 8 Question:
I'm in escrow on a duplex that I will live in one of the units on. I am still in my due diligince period, which ends on 11/2...
ALOHA! Newbie here, born, raised and still residing in Kailua, Hawaii. Full-time member with 30+ years in the Hawaii Army National Guard. I'm a part-time real estate investor aspiring to invest full-time in the ne...