Derek Steinmetz
FHA Owner Occupancy Requirements - Less than One Year
In July, I moved into a 2 family that we purchased using FHA financing. We are now interested in moving to another area of town. I know you are supposed to owner occupy FHA properties for one year, but I am having ...
Jason Baldwin
Moving on from a Single Family home
I wanted to play a quick game with everyone. Leveraging your expertise, I'd like to understand how you approach the situation I'm about to describe.Long Term Goal: Build RE portfolios using a buy-and-hold strategy by ...
Paul Teske
Good or bad idea? Property management firm for my own properties.
Hey BP,I'm considering starting a property management firm that will only deal with my own rental units. This company will not own the rentals, because I do not want to trigger the Payment Due on Sale clause in the mo...
Elise Chen
Closing the contract
Hi BP community!
My partner and I are total newbies, buying our first home in Brooklyn NY (which also happens to be a duplex multifamily). Hoping to ask your advice!
Our offer has been accepted, we've had an engin...
Sib Bahjat
Pros/Cons of deeding a property to an LLC
I purchased a SFR property years ago and I financed it under my personal name. I then transferred the deed to my LLC. My CPA advised me to transfer it back to my name and not leave it in the LLC. His reason was that I...
Nick Clurman
How do buy and hold investors survive in high priced markets?
Hello BP Community,I am an aspiring investor currently living in the high priced SF bay area of California. Currently I am still in an investigative stage of investing. Ive been focusing my search primarily in Sacr...
Brianne H.
Someone local to manage a long distance BRRRR - does that exist?
Hello all, I'm from AB Canada and looking to do long distance BRRRRs in the US. (I've done 4 local flips/developments.) I'm not married to a particular market yet, though I'm looking at Midwest or Southern states that...
Kristopher Sharpe
Newbie - Please Help Me Analyze This Property
Hello BP,I found an off market deal and I wanted to see your opinion on my analysis and whether or not I should move forward with this deal for a house hack. The property is a duplex each side being 1160 sqft 3 bed 2 ...
Peter Fennig
GET IT IN WRITING!!!
For starters some may not look at this as a success story, but I most certainly do. For one I got all of my money plus interest back that had been promised to my lenders on my first flip and two, I learned a very valu...
Victor Colon
To keep or replace tenants?
I am a new investor. I haven't purchased my first property yet. I have made about two offers a week since I took on real estate as my side hustle. Looking to BRRRR SFH's. Educating myself as much as I can and here's m...