Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $26,000
Purchased home in 2019, debating on making it a long-term rental or selling.
Hi there, I've been a part of BP for about 6 months now and this is my first post. The hosts always say to post questions and you'll get answers. So here we go!I have a rental house that a lovely young couple moved in...
Can you get a conventional 5% loan or an FHA loan if you are living in another house? How would the lender know?Can you get the new loan, move in - then move back out to your old home? Any leveraging tricks I can b...
Hey Everybody,Question here about what to do in the situation where a garage space had been rented to an individual for storage, no lease, not a commercial garage just residential, hand shake agreement. Months have go...
i recently read an article that there is a 30% Federal Tax Credit for instakking Solar PanelsDoes anyone know if this is for investment properties as well
Hello Everyone,I am looking for advice on a potentail 1031 situation. My parents purchased a home 18 years ago for $160k. It is now worth around $850k, although they refinanced it once so there is a loan out for arou...
Extemely Important Question: Am I allowed to have a non-renter living in my house that is not yet a certified rental?I am being 100% honest in what I am about to type: I bought my grandpa's house two years ago, and l...
Hello there. I have an interesting question regarding a 4-plex we own that is on septic. We had it pumped yesterday and in addition to being full, the plumber had to auger the line due to back up. Of course it was gre...
My wife and I own 3 properties, two of which are rental properties. We are very new to real estate investing, but off to a good start. We recently turned our primary residence into a rental, and have about $100k in ...
I just purchased my 2nd SFR property in 5 months. Got great deal on both of them. Now I have to figure out what to do with my primary residence (I need to move into my latest purchase to satisfy the VA loan).My curr...