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I sold the house I had been living in and used the money to purchase a house in Colorado that I intended to move into. I didn't move in but decided to rent it while I lived in rental property in another state. It's n...
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I am considering the use of a home equity line of credit in the future.I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. I do intend to leverage the equit...
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I'm trying to negotiate with an owner to buy his home that is in pre-forclosure. In your experience, how many owners are willing to make this kind of deal?
I don't know yet how much he owes on the home. I'm hoping ...
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Investment Info:
Single-family residence buy & hold investment in South Salt Lake.
Purchase price: $325,000
Cash invested: $12,000
This home was intended to be our primary residence that we house...
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Hello, my name is Paul. I've been on BP for a couple months, reading, listening to podcasts, and trying to learn as much as possible. I am very impressed with the culture of this community, how much others are willing...
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Hi All, I am under contract to purchase a single family home in Rhode Island that was supposed to serve as my residence. The P&S states that the seller will deliver the property to me free and clear of tenants. I’...
1) I bought this home in prior to marriage and it has over 500k in equity. I am trying to sell it and buy another property via 1031 exchange, but will I owe taxes because my husband is not on the title? Ex. 500k deduc...
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I’ve finally been motivated to start investing in multi-family properties. Though I’ve researched quite a bit on the VA loan and it states I have to intend to occupy the residence once I’ve purchased. I know other sol...
A friend is going to walk away from a property in NC -defaulting on loan- and we offered to purchase for the remaining loan amount. The home is valued at 132k (sale price estimate for it and comparable 140k) and we w...
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BP community- I received an email from a tenant at one of our SFH that things with her relationship have reached a point that she can no longer live with the person. She informed me that she has moved out of the prope...