Amy A.
STUCK! Seeking encouragement for which route to take.
I'm looking to start my RE investment journey. I've hoarded cash, am debt free with a credit score of 815. Ready to go. I currently rent. I've heard three schools of thought as to where to start. What is your opinion ...
Kelly McMahon
VA loan - entitlement question
Hi everyone,
My husband and I bought our first home with a VA loan which was very nice not to have a down payment. We are looking into buying a second bigger home and renting out the first. Does anyone know any stipu...
Ben Harhager
Starting out with single family home or duplex?
Hello everyone, So I finally have 2yr work experience, 778 credit, and about $10,000 saved up. I’m waiting until I have $18,000 - $20,000 to move out. I’m expecting a promotion within the next year as well. So I’ve go...
Austin Lynk
[Updated] Diving in head first - how does my plan sound?
Hey all - really appreciate the feedback on my first post. Since then, I've determined that I'm going to forgo the live-in property (not by choice, necessarily) and shoot for a pure investment property.With that said,...
Tiffani T.
Tax on capital gain on SFH/ WA
Hi BP,
So here is the scenario: If one bought a SFH in 2012 for $190, now worth about $500. Selling this piece for $490-500. Is he/she responsible for the capital gain? Any input would be great. Thanks everyone
TM
Kyle Bentz
Commercal vs. Multi-Famialy
What is better commerical or multi famialy? Which one is more profitable? To me it would seem that commerical is more profitable because you dont have much expenses compared to a multi famialy aprtment complex. Is thi...
John Hodson
Best Rate for a 30-Year Fixed
Hi BPers!I want to get an idea of what mortgage rates you all are currently getting. I currently am seeing a 4.75% on a 30-year fixed with 20% down. If anyone has done better than this, I'm curious about what the term...
Matt Moldenhauer
What to do with extra money?
So my wife and I combined finances after getting married and are looking for ways to put our money to work. We each owned our houses before we got together. Right now we're able to set aside about $3,000/month. I stru...
Nathaniel Becker
Any new financial products that would be useful for landlords?
Hi folks, I'm a software engineer trying to brainstorm and evaluate financial products that landlords would find helpful. I'm hoping to outsource the idea generation part to you guys. I've listed a couple half-baked i...
Nelson Leal
Out of state buy (Illinois) need some help.
Hello BP,I live in Florida and looking to buy a SFH rental in Chicago, IL. I've never purchased in IL before and have some items I need help with. Can anyone assist:1. I have to buy the property under an entity so ...