Investment Properties in Virginia Beach : Real Estate Advice

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Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
Can capital gains tax be avoided on an inherited property when sold if profit is rolled into a refi of my primary residence?
While it would seem your question is easy enough to answer, there are NO easy answers where taxes are concerned. You need to consult a tax professional who will consider the "totality" ... more
0 votes Share Flag Mon Feb 9, 2015 Investment Properties in Virginia Beach
bekababy_boo, Home Owner in Jacksonville, NC
bekababy_boo asked:
How to refinance with little to no equity? Can I apply for a loan to buy out my current interest only loan? We bought a home from a family friend at the end of the real estate boom right before the drop, and were talked into a split interest only loan... (80% of the loan on the first mortgage,…
0 votes Share Flag Mon Aug 18, 2014 Investment Properties in Virginia Beach
Bob Chance, Real Estate Pro in Virginia Beach, VA
Bob Chance answered:
How to avoid excessive payment of capital gains taxes after sale of rental/investment property.?
Hi Tina, What you may be referring to is a "Starker 1031 tax deferred exchange" (IRS code 1031). As a veteran Realtor with over 20 years experience, I have had the opportunity on seve ... more
0 votes Share Flag Tue Apr 8, 2014 Investment Properties in Virginia Beach
Junior Gunter, Other/Just Looking in Virginia Beach, VA
Junior Gunter answered:
Is there a way around having 6 mths PITI on both the investment property and the primary residence?
Not be a jerk, but you asked if there was a way around having reserves for an investment purchase. No where in that 5 page response that was given before me was there anything that woul ... more
1 vote Share Flag Wed Mar 26, 2014 Investment Properties in Virginia Beach
Junior Gunter, Other/Just Looking in Virginia Beach, VA
Junior Gunter answered:
My name is on the deed of primary residence but financing is in my spouse's name only. Can I obtain financing on an investment property in my name?
Bottom line is yes. It will show when your mortgage company does a real estate owned search, however you'll just need to show proof that you are not on the note. As long as you have a c ... more
0 votes Share Flag Wed Mar 26, 2014 Investment Properties in Virginia Beach
Joe McAvoy, Real Estate Pro in Newport News, VA
Joe McAvoy answered:
Buying a house with tenants
It is very uncommon to have a lease that doesn't fix the monthly rent amount throughout the term of the lease. Usually a landlord must wait until lease renewal to raise the rent.

Be ... more
0 votes Share Flag Wed Aug 14, 2013 Investment Properties in Virginia Beach

Interested in Virginia Beach commercial investment properties? You can find multi-unit apartments, office investments and more on LoopNet.com.

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