Jared Swofford
California resident - Out of State LLC registration in CA.
Hello all,I am a VERY new and green to REI. I know I am a ways off from pulling the trigger on my first property, but I am interested in rentals out of state. I am a California resident and would like some advise from...
Pierce Edwards
Vacation Home Mortgage Question
Do you need to currently own a home/primary residence to utilize the 10% Vacation Home Loan? Or can I use the 10% Vacation Home Loan while renting? Also, would using the 10% down eliminate the option to use the 3% FHA...
Andrew Matura
From First Home to Forever Rentals: The Start of Our Brrrr Journey in Indianapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $69,000
Greetings, real estate community! I am Andrew, and while you might not find me renn...
Christopher Lambert
Tax software for renting out a room
Just curious if anyone knows what do it yourself tax software would be best for a condo where I have one roommate (I own the condo, he is renting a room from me). I've always used TaxAct in the past before I started r...
Jeff Bonner
Hybrid Rental AIRBNB
Crazy idea to run by BP. I have a SF rental with a basement apartment/inlaw suite. The property is 5 miles from a large university, and a little closer to the majority of a relatively vibrant tourist area. Right now, ...
Abi O.
Use refi to cash out or wait for HELOC?
I'm in the process of refinancing my 3 family property located in New Jersey. Current interest rate is 4.25%, I will be moving down to a 2.625% rate. Current mortgage balance is $280K and home value is $580k+(~ 49% LT...
Jason Malabute
NARROWING MSA RESEARCH
When you are trying narrow down your MSA (Metro Statistical Area) from 5 to 3 what are things to consider before you start looking at makeup of submarkets within the MSA (crime, school, etc)?To make long story short, ...
Account Closed
Convert Traditional to Roth IRA
I'm thinking of converting some/all of my Traditional IRA to my Roth. I know there will be taxes to pay. If I move to a no tax state like TX or FL it would seem I don't have to pay state tax on the transfer, is that...
Santiago Armando
Looking to Buy a home in Miami Fl
Hello all, Me and my wife are looking to by a home in Miami FL. She is in the process of getting her real-estate license, would she be able to serve as the real-estate agent for our transaction? (on the buyer side) or...
Steve Salvini
Refinancing out of an FHA
I'm looking to refinance a duplex that I'm owner occupy out of an FHA loan into a convention loan with 85%LTV. Even at a higher rate my loan payback is less then with an FHA backed loan. If I do this and decide that ...