Looking for some financial and practical advice on my investment idea.1. I have an income of $60,000 per year.2. I want to buy a three bedroom townhouse for $290,000, with a down payment of 10%. I'm thinking an FHA l...
So I am acquiring my first property to buy and hold. If everything goes on schedule the unit should be rent ready in mid-December. I have been a prospective tenant that seems to be a good one. They want to lease th...
Hello BP friends, My tenant texts 4 or 5 times a month and asks me to fix things. He did an inspection when he came in and wants me to fix all of those issues. Also the issues that he brings are " my kids are threaten...
Hello,
I am new to the rental property investment world, and was hoping to ask for some tips / guidance as I navigate this process. My main concern is around optimizing my finances (personal taxes), as well as making...
Going through the process of buying my first home. Plan to live there for 6 months or so, then move and rent the residence out. I am doing a Va loan through Navy Federal Credit Union. Let me start with this, I absolut...
Anyone with experience on FHA rules these days?
I have a property under contract scheduled to close at of this end of this month but I just received news closing will have to be delayed due to the Feds anti flipping ...
Hello there,I've been under contract and originally closing date was 45 days. Unfortunately seller's lien has some issues and this is keep getting delayed. The contract has passed all the contingencies that I've put (...
1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...
I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
I signed a contract for a SFH in May. It was a FSBO deal and the seller and I agreed he would put on a new roof, fix the porch and prep the siding for paint. He started to work on it right away but then had to fo on f...