Ive been hosting my primary residence in Denver for years without incident, and each year renew license etc without no issues outside of the standard bureaucratic headaches. Last Dec was no different, i send in the mo...
I am pre-approved for $350k. I am using a VA loan and must live in the house for a year before I can move. The payments would be $1976 because I am exempt from taxes. My income is $7600 a month and I have $600 in debt...
Hello gents!I’m starting my journey into investing in real estate. My idea, together with a partner, is to use the DSCR loans to buy different properties in the midwest. Talking with a lender he told me its not possib...
Will be moving soon to a (annoyingly) HOCL area for career and to be closer to family.Based on career/projected income, was offered a 0% down, no PMI, owner-occupied option (Rate is ~4.8%) from a bank we have a relati...
Hello there everyone,
Now lets see I wanted to create an LLC for multiple reason and I needed to be clear on some of those reasons! The following thread is going to be me asking questions pertaining to an LLC and the...
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Hi there. We have two females renting a home from us. They entered into the lease as couple and from what we knew, we're doing fine. We received a message from one of the residents (Ill call her Melanie) yesterday a...
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
Hello everyone, I'm a young professional who just started to learn about investing. Currently I live in Milwaukee with my husband in an apartment, and we are considering buying a multi-family in a year and start house...
I haven't seen another post about it so I thought I would start one. I've read the 9 page tax plan summary. Although very vague, it provides a framework for what they are going after and mentions several things I th...