My family currently lives in utah county and my mortgage is 802.57 a month with taxes and escrow at a 3.75%. We owe about 133k on our home and we are looking into getting into a bigger house/ better neighborhood. We ...
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Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...
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Hi, BPers! I'm house hacking my first duplex in Northeast Minneapolis, intending to live here for a year before moving on to my next property. I just bought the place and checked out the inherited tenant. Before my ne...
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Hello All, I have been reading books and listening to BP podcasts for a while and would love to start out in my RE investing world. However, I've been stuck because of my current situation. I live in the Silicon Valle...
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Hey y’all,
I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my...
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Hello everyone. I currently live in the Washington DC Metro area and am not finding deals within a 2 hour drive. Previously I lived in Dallas and have been looking to north Dallas suburbs for deals. Does anyone have e...
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If I buy an investment property with a coventional mortgage and never live in it, can I buy another home for me to live in with the fha loan afterwards? I am not sure if my first loan needs or should be fha.
Hi Everyone,
I am a first time home buyer and I am interested in purchasing a multi-family property that has 4 units. The owner is doing some repairs but not fully updating the place. My exit strategy would be to bu...
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I would like to Refi my FHA loan on my primary so I can get a new home and house hack. I would like to keep my current home and rent it out. How would I go about doing this? Or is it even possible. I have an LLC in pl...
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Ok, so I just made my first purchase. The plan is actually for me to move into the home I purchased and rent out my current home b/c I'd be able to gain more cash flow from it. However...
I just received word that th...