Below is what I've seen from Freddie Mac where I got my loan. Please note that "borrowers are eligible for forbearance regardless of whether their property is owner occupied, a second home or an investment property."...
I’ve (29M) about $250k saved up. Don’t own a home yet, but I’ve been planning to buy one for a while now. Instead of buying a single family home, I’m thinking of buying a condo outright in cash, rent it out so I can s...
I own a condo I purchased as my first home in 2008 and a single family home I purchased to move into in 2013. Neither were purchased as investment properties. I moved out of the second property in 2017 and I have ha...
Hi,
My goal is to rent out as many homes as possible. If I had a starting amount to spend on this endeavor of 100k, how would you go about purchasing rentals.
I want to focus on duplexes. I guess I need advice on ho...
Thank you for taking the time to read my post. My wife and I are purchasing a duplex and I was wondering if anyone was willing to critique the deal. The basics: Purchase price - 175kGross rent - 2000/monthTaxes - 2300...
I am really new to real estate and needa little advice on how to do some creative financing with one property that I own.
The home that I have been trying to sell for around 170k. After being on the market for almos...
At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
Hello everyone!
First, I want to thank everyone that participates in this forum for sharing the information that they know so that everyone else can enjoy the benefits of investing in real estate.
Second, here is a ...