Looking for my first investment property. I will be a first-time homeowner. I want a duplex to house hack. I plan to live on one side for at least the first year. Need advice on the best financing options? Is an FHA l...
If a house has been owner-occupied by a married couple filing jointly but 1/3 of the house has been rented, do the couple qualify for the $500K capital gains sale tax exclusion?
More details:
House has been owned an...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lowell.
Purchase price: $212,000
Cash invested: $12,000
2 family (up/down) property. 3 bed 1 bath each unit.
What mad...
I bought a distressed side by side duplex. Upon closing , I emailed my insurance broker to get an insurance binder on the property, like usual. She called me to get particulars, and said once I'm done with the renovat...
I am in the Huntsville, AL area and looking to buy a SFH. My plan is to buy a home needing mostly cosmetic repairs/updates and getting it reappraised. My hope is to get a higher number that what I pay so that I can pu...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $760,000
Cash invested: $210,000
I purchased a 4 unit mixed use property. This property features a 3bed unit...
So I have a commercial warehouse (2 bays), I occupy one and I have a tenant next door.This tenant has been here for 6 months and has been on time without any issues. And he's month to monthBut he came in this morning...
I am trying to figure out ways to creatively finance my 1st rental property investment. I have already used/am using a VA loan for my current property that I am living in. I want to know if I am able to use a USDA loa...
My wife and I are starting down this road. Our strategy is to buy local to start. Our budget for investing is about $100k cash each year and an additional budget of $3500/month that we are transferring to our llc. We ...
We purchased a duplex that we are living in so we qualified for a WHEDA loan for only 5% down because it’s owner occupied. We have now found another property(4plex) that we’d like to owner occupy again getting a FHA l...