Jim Brewer
ADVICE NEEDED- Out of State House Hack
Hello BP,
I need a little advice. I would like to move to Illinois in the next year and at the same things buy a 2-4 pled to house hack. I could qualify for FHA or a Low down mortgage or even put a little more down i...
Tin Nacaj
Taxes After Multiple 1031 Exchanges
If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties. For example, if I buy property #1 for...
Abhijeet Gavli
Does this rental make sense?
I had bought a SFH for $325K last year as a primary residence (to get better rates) in Charlotte NC. Now I plan to rent it out for market rate of $2200. The mortgage including taxes/insurance comes to around $1500. Af...
Bryan Brooks
Any Pointers on Selling an Investment Property w/ Tenant
I own an investment property in Virginia. I purchased it in 2005. It's been a great investment. It's about 3,300 square feet. Current market value is between $330,000 and $350,000 or so. It rents for $1,900 per month....
Jay Sechowicz
203k loan and refinancing
Hello all, Earlier this year I purchased a duplex in Philadelphia and am currently house hacking. Everything has been going well for the most part, but we are getting tired of living in such close quarters with o...
Christopher Theder
1031 Exchange into Duplex to Owner Occupy.
I am attempting to house hack and move into a duplex to reduce our out of pocket per month. Should go from 1100-500. So I have a duplex I am actively selling. I have owned it for about 15yrs. Equity is about 60k. ...
Clay Sexauer
Quick Question About Lender required income
Recently my wife and I bought an investment property from an estate. This now means we own two homes, our primary residence and the investment property. Regarding the new investment property, initially, we were going ...
John Hooper
New investor, looking to help my mom
Hi BP, I'm looking for some feedback about the strategy my mom and I are planning to use to get her monthly cash flow back into the black and help her eventually retire.Background:My stepdad recently passed away unexp...
Troy Hebert
Deal Review Help - Negative Cash Flow Luxury Condo, Good Price
Hi everyone,I am new to investing in real estate but somewhat educated with a deep finance background. I have stumbled across a property and structured a deal that could make a lot of sense, but there are some glaring...
Yali Sharon
No Cash Flow / Sell or hold?
Hey!I currently owe 260k on a rental property and it's worth around 600k but not producing any cash flow. Should I sell or hold? This is the only property I own and value is rising a lot every year. I would be investi...