Nick Reuter
2nd STR Purchase Lender?
Hi all,
I live in FL (primary home), and we have a STR property (that our family uses a lot as well) in Banner Elk, NC. We bought this property last September.
I'm looking at purchasing an additional STR property, a...
John Canchola
Seeking Developer for 2 acre freeway frontage lot
I would like to consult with an experienced developer who has experience developing small lots. I have a 2-acre lot on a busy freeway (85k cpd) with convenient on/off access.
Tim Porsche
Multiple Conventional Loans with Less than 20% Down?
Hi All,I have a quick question I was hoping someone might be able to shed some light on. I currently have a SFH with about 30% equity and a duplex that I bought with 4% down and live in. I plan to buy more multi-units...
Devon Remington
House hacking Finance Question
Alright guys so ill give a little bit of background, im 20 years old bought my first house 8 months ago and i started house hacking its a 4 bd 2 bath single family house and a couple months ago i decided i was in a po...
JAMES Coleman
Fork in the road- Debt-to-income
Hello all,
My wife and I are at a fork in the road and need some guidance. For the sake of a little background, we bought our first home two months shy of two years ago and have fully renovated it. We bought the ho...
Molly Jacobsen
Sell primary home to LLC for Bus Econ Purposes + Section 121
Can I legally sell or transfer (which is best?) my primary home to my LLC (that already contains 11 uniits) without losing my Section 121 benefits (capital gains exclusion)? Lived in home 2 of last 5 years. Now conv...
Jared Smith
Egress windows in a big basement
I recently bought a 1500 SQFT house with 3 Bedrooms and 2 Full Baths. This house has an unfinished 1500 SQFT basement too. This basement has a hook up for a full bathroom and also has 9' ceilings throughout. My pla...
Chad Reed
Personal Financing for my Home, My rentals as hurting me
I have ran into an interesting financing situation and I know that this community will help me like they have so many times before. My wife and I recently moved to Pittsburgh and we decided we wanted to rent for a y...
Marian Henares
New job in the last year. What income will be used for mortgage?
Hello BP friends!I graduated nursing school in May 2018 and was hired as an RN in July 2018. While in nursing school (3 year program), I worked as an admin assistant for my dad's consulting company. As an RN for the p...
Jason Perry
Rent Reduction as Charitable Contribution
We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...