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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    What should i do about this situation? As per this, with 50k in equity, i am only able to qualify for a 47K loan at 94% LTV :( http://www.bankrate.com/calculators/home-equity/loan-pre-qualification-calculator.aspx How do i get a 225K loan? My 1st home has been rented for 18 months, so 0.75%...
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    Getting 2nd FHA Loan as Spouse's Primary Residence

    Guys, did anyone here was successfully able to get a 2nd FHA mortgage on their spouse name (in another state) while their primary residence (only on 1 person name) has been rented out and has an existing ongoing FHA loan. What are typical requirements to get his loan? Example: Husband owns a...
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    I locked in at 3.75 (30 yr fixed traditional) as primary residence, so not sure if there are better rates now, i heard them dropping to 3.2 something an year ago.
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    It's Information Technology Company guys, lol - legit shit - nothing shady !
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    A similar one sold for 585K last month, so 8% appreciation in 2 years, if i sell, i can come close to break-even
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    Trump Tax Reform and Home Prices

    Nope, for someone making <90k on paper and paying 2017-2018 june (both tax bills) in 2017 should benefit. I don't know much about AMT, so please excuse me on that.
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    Haha well, its all going to be officially on papers soon + it isn't doing that great, so will have to work harder.
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    Trump Tax Reform and Home Prices

    I hope so, but even then on personal properties, eventually in next 3-4 years when i do have to buy a SFR for myself, it will be in the range of 1.5-2M - so this new law is going to hurt us if passed
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    Trump Tax Reform and Home Prices

    So then the S-Corp will own the properties at 15% tax rate. Now will have to figure out how the mortgage interest rate deduction will workout in this scenario - i hope upto 1M is allowed in this category? I might be confusing things here, sorry. "Short-term capital gains are taxed at the...
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    Trump Tax Reform and Home Prices

    DUMB Question: if we buy 2nd and 3rd property now and lock ourselves in mortgages worth 1M - will we be GRANDFATHERED into older policy or not? If not, then investing in US Real estate is going to loose its charm for me, perhaps time to use my canadian green card to get more bang for the buck.
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    Trump Tax Reform and Home Prices

    TRUMP TAX PLAN: http://www.sfchronicle.com/business/networth/article/California-s-high-taxes-costly-housing-mean-12327807.php As of november 2, if we buy a second home, we cannot claim mortgage interest rate deduction beyond 500K, the earlier 1 M deduction limit CAN NO LONGER be used. HOW TRUE...
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    Thanks so an increase of 40K in 20 months, yeah this gives me hope of selling mine for some pennies worth of profit 10k ish.
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    Where to buy <$700k

    Whats the price of it these days? i own this monstrosity
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    WELL this gives me hope, if they are being sold for 625K, sure heck mine can sell for 615K https://www.redfin.com/CA/Irvine/401-Trailblaze-92618/home/143079706
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    Where to buy <$700k

    What zip code is that in? Zillow shows : Baker Ranch Foresthill
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    Where to buy <$700k

    Not sure if my 2 cents count anymore as i am negatively cash flowing: Check portola springs - willow area = i bought (2016) mine at $332/sq ft = 1614 sq ft = 2 bed/2.5 bath BUT ATTACHED condo - tri-level and tandem garage
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    Thanks for sharing chart, I checked with my friend about Cleveland and he confirmed it, so looking into it. I have also been looking at Cedar Park, TX (Austin - suburb) and have to checkout dallas area. One key question i have is regarding the following: You can certainly buy another home in...
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    Zillow report on 92618 tells me appreciation has been 3.5% over last year. So technically, will i be able to sell my property for $20k more only? Selling costs in itself are 5% = so i will end up with a minimum of $10k loss. Unless i can be atleast $15-$20k+ in profit from selling it to cover...
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    Investment Condo - Advice - OC/LA or AZ/CO/TX? 420K Budget

    But I want to use that cash for second condo or townhouse purchase in Austin, Tx or chandler, AZ ! I got it at 3.75 fixed 30 year rate and putting in another 85k down on a 410k pending loan amount doesn?t make sense to me. I want to diversify my options I forgot what LtV is : can u plz...
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