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...
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 ...
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...
A local loan officer at Summit Funding in Stockton wrote the following..."The maximum LTV for a 2-unit property is 85% plus it is required that you have 6 months reserves PITI. To give you an idea what that looks lik...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $475,000
Cash invested: $36,000
Sale price: $700,000
Contributors:
John Whitney,
Victoria Lode...
noun * formal * humorousan inhabitant or occupant of a particular place."denizens of field and forest"synonyms: inhabitant, resident, townsman, townswoman, native, local;(see above for official definition of the word ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000
Cash invested: $12,250
My first property and house-hack
What made you interested in investing in ...
Hello! As the Masters get started and all eyes turn to Augusta for our annual event, I figured I'd post my introduction.I've been in the military a little over 20 years and have moved around the country with the Army...
I own a home in zip = 98277
I owe $195K
Appraised at $410
Currently rented by tenant whose lease is up in April 2018.
Current rent $1850 ($1680 after PM expenses).
I live out of state.
Buy or Sell and Why?
I am 2 weeks from closing and the appraiser informed me that the SFH in Florida I’m in contract with is zoned strictly for commercial use. This resulted in my residential loan getting denied. Does anyone have any sugg...