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If I were to purchase a home as a primary residence and live in it for only about a year or two, would I apply the 1% rule to the original amount I purchased the house for or the amount left on the mortgage? I'm tryin...
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Hi BP community!
I'm looking for confirmation on whether the home needs to be your primary residence for the first home owner's $10,000 exemption to the 10% early withdrawal penalty? From reading the IRS rules, it l...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $292,000
Single family home in highly desirable neighborhood that's "close to everything".
What made you inter...
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My parents bought some land and attached it to their existing land. Pretty much turning 8 acres into 15. The land they extended into has a mobile home. They didn't think the home was worth the asking price at the time...
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What is the best way to find exactly where and what houses are being sold for?
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Following is a thread and comments from across the country fromInvestors, Buyers, Sellers and Associates a like. I'm interested inseeing your thoughts either here or there or both. https://www.linkedin.com/grp/post/...
Hi there BP community!
I'm close to reaching an agreement to purchase a single family home in the Briarcliff Manor / Ossining area of Westchester New York. This would become my primary residence, where I'd also be u...
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Hello BiggerPockets family! I am starting out in real estate investing. I am super excited to get started! I am looking at a mobile home park that currently has four mobile homes rented out. It's looking like it would...
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Hello all,I did an analysis for a property I am interested in below. This home is owned by my family so it is off market. I was hoping to see better numbers and it was disappointing when I did not. Based on Zillow, th...
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*This link comes directly from our calculators, based on information input by the member who posted.