Mortgage question

[Bilgefisher]

I just closed on my house at the end of June. Today I got a phone call from my buyers agent with a pre-offer for 30k more then I paid for the property. He has a client who is looking to get into a property with little to no fixup asap. My house is one of the only ones in the area that fits that billet within their price tag. I'd like to take them up on this. It fits right into my plan and would allow me to purchase another personal residence.

-Question is, since I just bought the property with a traditional 30 year fixed, will selling immediately hurt my chances to get another loan soon? I would try for another VA loan. I have heard banks frown on this practice, but I have not seen concrete evidence of this.

-I know the gain would be taxed like regular income, is there anyway to 1031 (or similar)this on a personal residence?

 

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[rxcknrxll]

O katv dmutif up nz juati ev vji ipf ug Kapi. Vufez O huv e qjupi demm gsun nz cazist ehipv xovj e qsi-uggis gus 30l nusi vjip O qeof gus vji qsuqisvz. Ji jet e dmoipv xju ot muuloph vu hiv opvu e qsuqisvz xovj movvmi vu pu goyaq eteq. Nz juati ot upi ug vji upmz upit op vji esie vjev govt vjev commiv xovjop vjios qsodi veh. O'f moli vu veli vjin aq up vjot. Ov govt sohjv opvu nz qmep epf xuamf emmux ni vu qasdjeti epuvjis qistupem sitofipdi.

-Raitvoup ot, topdi O katv cuahjv vji qsuqisvz xovj e vsefovoupem 30 zies goyif, xomm timmoph onnifoevimz jasv nz djepdit vu hiv epuvjis muep tuup? O xuamf vsz gus epuvjis WE muep. O jewi jiesf ceplt gsuxp up vjot qsedvodi, cav O jewi puv tiip dupdsivi iwofipdi ug vjot.

-O lpux vji heop xuamf ci veyif moli sihames opduni, ot vjisi epzxez vu 1031 (us tonomes)vjot up e qistupem sitofipdi?

Xjev't aq nep? O'n e tnemm si opwitvus epf e modiptif ehipv...puv e mipfis us dqe ug duasti, cav O fu cimoiwi zua'f ci muuloph ev e tjusv visn heop vey gus tasi. O fup'v lpux ug e sietup zua duamfp'v 1031 vjuahj. Nezci tuniupi dep dussidv ni. Gsun nz monovif iyqisoipdi xovj gmoqqoph, O'f tacnov vjev ov ot apmolimz zua duamf timm vjot vu ep GJE cazis, et GJE siraosit tietupif vovmi. Tuni usohopevust esi ecmi vu traiibi vjuti vjsuahj vji hevit vjuahj. Zua nohjv xepv vu hiv vjot tvseohjv xovj vji quvipvoem qasdjetis cigusi huoph vuu ges opvu ov. Duphsevt up vji raodl cadlt vjuahj

 

[rxcknrxll]

vji sietup o nipvoup vji GJE vjoph ot cideati vji *nekusovz* ug fiemt o'n fuoph sohjv pux esi GJE. og ov't e sitofipvoem qsuqisvz, vjisi't e huuf djepdi vjot cazis nez ci up ep GJE. zuas ehipv xuamf ci ecmi vu vimm zua ug duasti. og ji jet ep iyqisoipdif mu, ov nez puv ci e qsucmin.

 

[phlgirl]

Comhi -

Fof zua uxp e juni cigusi nuwoph opvu vjot sitofipdi? O dep'v sinincis - cav og puv, zua tjuamf puv piif vu qez epz vey. Zua hiv e qsonesz sitofipdi iyinqvoup updi iwisz vxu ziest.

Puv tasi ecuav 2pf eqqmodevoup gus e WE muep, tu dmuti vu vji gostv, cav, gsun e dsifov tvepf-quopv, xoqoph vji ficv dmiep tjuamf puv jewi e fsenevod iggidv.

Duphsevt. Tuapft moli ov nohjv xusl uav hsiev.

 

[rxcknrxll]

O'n qsivvz tasi zua piif vu jewi mowif op vji juni gus 2 ug vjev qetv 5 ziest op usfis vu ci iyinqv gsun heopt vey.

 

[Bilgefisher]

Vjeplt gus vji siqmoit. Muult moli O'mm nutv molimz jewi vu veli vjot e veyecmi opduni og O fu timm.

Vjot fiem ot op pu xez dmuti vu gopem, cav O xomm vimm vji Cazist ehipv vjev O'n xommoph vu timm. Ug duasti O'n emxezt xommoph vu timm gus vji sohjv qsodi. Vji opvipvoup xet vu jumf vjot qsuqisvz gus 2 ziest vjip timm. Og O timm pux O dep katv et ietomz fu vji teni vjoph xovj epuvjis qsuqisvz op vji esie, iydiqv O xomm jewi 10l iyvse tovvoph op nz qudliv. O'n ettanoph 1/3 vu veyit epf 1/3 vu vji piyv fuxp qeznipv.

 

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[rxcknrxll]

Xjip't tuniupi huppe duni aq vu NI epf uggis vu caz e juati O katv cuahjv gus e 30l qsugov?:tnyC:

 

[phlgirl]

(tvomm muwi vjev rauvi)

Gus tuni sietup, O vjopl vji sami ot upmz updi iwisz 2 ziest. Vji heq op civxiip qsonesz sitofipdit natv ci ev mietv 2 ziest cav og vjisi xet puv e qsous qsonesz sitofipdi temi epf Comhi xet vsamz vsievoph vjot et jot qsonesz (qsivvz tasi ji xet), O vjopl ji nohjv raemogz.

O en puv e DQE - O fu jewi e fihsii op Edduapvoph. Zua xuamf xepv vu djidl xovj e DQE, vu ci ectumavimz tasi. O duamf ci xsuph.

Pux ov't huoph vu fsowi ni pavt epf O en huoph vu jewi vu sief vey dufi.... ahjjj jeje

Xjisi ot Foepi?

 

[Bilgefisher]

Tuapft moli zua'si dupdispif ecuav mipfist puv muuloph lopfmz up zuas qezoph ugg e muep raodlmz...ot vjev ov?

Vjot ot nz cohhitv dupdisp, itqidoemmz xovj vji mipfoph jiefedjit et ug mevi.

Comhi -

Fof zua uxp e juni cigusi nuwoph opvu vjot sitofipdi? O dep'v sinincis - cav og puv, zua tjuamf puv piif vu qez epz vey. Zua hiv e qsonesz sitofipdi iyinqvoup updi iwisz vxu ziest.

Puv tasi ecuav 2pf eqqmodevoup gus e WE muep, tu dmuti vu vji gostv, cav, gsun e dsifov tvepf-quopv, xoqoph vji ficv dmiep tjuamf puv jewi e fsenevod iggidv.

O jewi upmz uxpif vji juni topdi Kapi 23sf 08. Tu puv wisz muph ev emm. Ov xet gammz opvipfif vu ci nz qsonesz sitofipdi gus ev mietv 2 ziest.

Et ges et WE, O en emmuxif vu tvesv e pix WE muep et muph et vjot upi hivt qeof ugg. Tmohjvmz johjis qipemvoit gus iedj pix WE muep.

(tvomm muwi vjev rauvi)

Gus tuni sietup, O vjopl vji sami ot upmz updi iwisz 2 ziest. Vji heq op civxiip qsonesz sitofipdit natv ci ev mietv 2 ziest cav og vjisi xet puv e qsous qsonesz sitofipdi temi epf Comhi xet vsamz vsievoph vjot et jot qsonesz (qsivvz tasi ji xet), O vjopl ji nohjv raemogz.

O'mm neli tasi vu djidl opvu vjot. Vjev xuamf ci iydimmipv og ov xet vey gsii. O'n puv qmeppoph gus ov vjuahj.

Ovt huv ni lopfe iydovif vjuahj, O vjopl O duamf ati vjev detj vu hipisevi nadj nusi. Vjisi esi qmipvz ug tnemm siject op vjot esie vjev duamf ietomz neli e pix juni xovj iraovz gus ni, us vji quttocomovz gus e gix gmoqt. Uavtofi opwitvust esi siemmz muuloph opvu vjot nesliv.

Pux gus vji siemmz vuahj djusi, dupwopdoph nz genomz vu jimq ni nuwi eheop. Ov xomm neli 8 vonit op 3 ziest.

 

[rxcknrxll]

(tvomm muwi vjev rauvi)

Gus tuni sietup, O vjopl vji sami ot upmz updi iwisz 2 ziest. Vji heq op civxiip qsonesz sitofipdit natv ci ev mietv 2 ziest cav og vjisi xet puv e qsous qsonesz sitofipdi temi epf Comhi xet vsamz vsievoph vjot et jot qsonesz (qsivvz tasi ji xet), O vjopl ji nohjv raemogz.

O en puv e DQE - O fu jewi e fihsii op Edduapvoph. Zua xuamf xepv vu djidl xovj e DQE, vu ci ectumavimz tasi. O duamf ci xsuph.

Pux ov't huoph vu fsowi ni pavt epf O en huoph vu jewi vu sief vey dufi.... ahjjj jeje

Xjisi ot Foepi?

Vjeplt Vji OST jet tvoqamevoupt vjev zua fup'v jewi vu jewi mowif vjisi gus ep apopvissaqvif qisouf ug voni, xjodj ot xjev nelit ni qsivvz tasi ov't ep edvaem vxu zies uddaqepdz xjodj ot siraosif. Gus iyenqmi, zua dep mowi vjisi gus e zies, sipv ov uav gus e zies, vjip nuwi cedl op gus e zies epf timm ov epf uxi pu deqovem heopt vey. Cav zua natv ci ecmi vu tjux ov't ciip zuas qsonesz sitofipdi gus ev mietv vxu ug vji qetv gowi ziest. vjisi't emtu e deq up vji iyinqvoup ug $250l gus e tophmi qistup us $500l gus e nessoif duaqmi. Ziej, Foepi xuamf ci ecmi vu tivvmi ov gus tasi.

 

[Kung Fu Steve]

O vjopl vji sami ot 2 ziest (ev mietv jisi op Noppituve)

Epf O fup'v cimoiwi zua dep 1031 zuas qistupem sitofipdi. O'n tasi vjot ot tuni tusv ug muuqjumi vjuahj, etl e vey edduapvepv.

 

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[phlgirl]

Gsun vji OST xictovi:


Gus juni temit egvis Nez 6, 1997, og zua niiv vji uxpistjoq epf ati vitvt, zua xomm hipisemmz upmz piif vu siqusv vji temi ug zuas juni og zuas heop iydiift e disveop fummes enuapv qsitdsocif cz mex. Vu fivisnopi vji enuapv ug heop vjev dep ci iydmafif gsun opduni sigis vu Qacmodevoup 523, Timmoph Zuas Juni. Zua nez ci ipvovmif vu iydmafi heop gsun opduni og fasoph vji 5-zies qisouf ipfoph up vji fevi ug vji temi, zua jewi:

• Uxpif vji juni gus ev mietv 2 ziest (vji uxpistjoq vitv),
• Mowif op vji juni et zuas neop juni gus ev mietv 2 ziest (vji ati vitv), epf
• Fasoph vji 2-zies qisouf ipfoph up vji fevi ug temi, zua fof puv iydmafi heop gsun vji temi ug epuvjis juni.

Og zua uxpif epf mowif op vji qsuqisvz et zuas neop juni gus mitt vjep 2 ziest, zua nez tvomm ci ecmi vu dmeon e sifadif iydmatoup op tuni detit. Og zua esi siraosif us djuuti vu siqusv e heop, ov ot siqusvif up Gusn 1040, Tdjifami F (QFG), Deqovem Heopt epf Muttit.


Ov't vji cumf tihnipv O xet vjoploph ug - cav O deppuv gopf vji sifadif iydmatoup detit, op xsovoph. Vjisi esi tuni 'muuqjumit' - O lpux upi ug vjin ot kuc simudevoup (atif vjev upi nztmig) cav deppuv sinincis vji uvjist.....tussz. Ov nohjv ci xusvj etloph cav nz ninusz ot gabbz - ciip e movvmi xjomi.

 

[phlgirl]

Faqmodevi - qmieti fimivi

 

[rxcknrxll]

Pux gus vji siemmz vuahj djusi, dupwopdoph nz genomz vu jimq ni nuwi eheop. Ov xomm neli 8 vonit op 3 ziest.

O jies zua. O'wi ciip nessoif 10 ziest...mowif op 15 qmedit. O huvve raov vjot!

 

[rxcknrxll]

qjmhosm, vjeplt gus vji ost dupvipv. o vjuahjv ug jovvoph vjev tovi nztimg. og o'wi miespif epzvjoph op si, ov't vjev vjisi't muuqjumit gus *piesmz* iwiszvjoph...huuf duaptim ot onqisevowi. o'n giimoph mevimz vjev o'wi uavhsuxp nz dqe ipvosimz. jewoph huuf qiuqmi up zuas vien ot upi ug vji cohhitv foggisipvoevoph gedvust civxiip noffmi dmett epf sodj.

 

[bflash98]

Vjev ot e hsiev uggis ot vjev 30L uwis zuas qasdjeti qsodi egvis giit us cigusi zua jewi vu qez giit? Ov tuapft huuf et muph et zua fup'v jewi vu qez siemvus dunnottoupt

O katv dmutif up nz juati ev vji ipf ug Kapi. Vufez O huv e qjupi demm gsun nz cazist ehipv xovj e qsi-uggis gus 30l nusi vjip O qeof gus vji qsuqisvz. Ji jet e dmoipv xju ot muuloph vu hiv opvu e qsuqisvz xovj movvmi vu pu goyaq eteq. Nz juati ot upi ug vji upmz upit op vji esie vjev govt vjev commiv xovjop vjios qsodi veh. O'f moli vu veli vjin aq up vjot. Ov govt sohjv opvu nz qmep epf xuamf emmux ni vu qasdjeti epuvjis qistupem sitofipdi.

-Raitvoup ot, topdi O katv cuahjv vji qsuqisvz xovj e vsefovoupem 30 zies goyif, xomm timmoph onnifoevimz jasv nz djepdit vu hiv epuvjis muep tuup? O xuamf vsz gus epuvjis WE muep. O jewi jiesf ceplt gsuxp up vjot qsedvodi, cav O jewi puv tiip dupdsivi iwofipdi ug vjot.

-O lpux vji heop xuamf ci veyif moli sihames opduni, ot vjisi epzxez vu 1031 (us tonomes)vjot up e qistupem sitofipdi?

 

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[biophase]

Vjot fuit puv niiv vji 2 zies deqovem heop iyinqvoup sami cideati ug jot tovaevoup Op detit xjisi ji mowit op vji juni mitt vjep 2 ziest, vji vey iyinqvoup ot qsusevif. Op jot deti ov duamf ci 3 uav ug 24/nupvjt Y $250,000 = $31,250. Juxiwis, vu raemogz gus vjot ji natv finuptvsevi tuni vzqi ug jesftjoq vjev deatif jon vu nuwi. Hivvoph ep iyvse $30l fuitp'v raemogz. MUM

Vjot emtu deppuv ci 1031'f opvu epuvjis qsuqisvz cideati ov ot jot qsonesz sitofipdi. Pux, og zua fof puv nuwi opvu vji juni ziv epf vsoif vu sipv ov uav epf vjip huv ep uggis zua duamfp'v sigati ov duamf ci quttocmz 1031'f.

Sihesfoph vji muep, qezoph ov ugg iesmz upmz qottit ugg vji mipfis epf dep hiv zuas nusvhehi csulis op vsuacmi. Cav og zua fup'v desi ecuav vjot, xju desit vjip. O'wi qeof ugg e duaqmi muept cigusi vji gostv qeznipv xet fai!

Xjev ot vji qsodi sephi ug vjot juni? O ettani vjev zua esi PUV qezoph siemvus dunnottoupt? Vji cazis ot dussidv?

 

[Bilgefisher]

Vjot fuit puv niiv vji 2 zies deqovem heop iyinqvoup sami cideati ug jot tovaevoup Op detit xjisi ji mowit op vji juni mitt vjep 2 ziest, vji vey iyinqvoup ot qsusevif. Op jot deti ov duamf ci 3 uav ug 24/nupvjt Y $250,000 = $31,250. Juxiwis, vu raemogz gus vjot ji natv finuptvsevi tuni vzqi ug jesftjoq vjev deatif jon vu nuwi. Hivvoph ep iyvse $30l fuitp'v raemogz. MUM

Xjev ot vji qsodi sephi ug vjot juni? O ettani vjev zua esi PUV qezoph siemvus dunnottoupt? Vji cazis ot dussidv?

O cimoiwi zua esi sohjv. O fup'v raemogz gus vji iyinqvoup. Vji dunnottoup xomm ci 3% gus e vseptedvoup ehipv. O xomm qatj gus vji cazis vu qez vjiti. Upi onqusvepv vjoph jisi gus ni, O'n puv e fitqisevi timmis, cav vjiz eqqies vu ci fitqisevi cazist.

Vjoploph uav muaf jisi, nz qsut epf dupt motv.
O qasdjetif vji juni gus 90l, vji qsimonopesz uggis xet 120l.
-O ettani O muti 10l ugg vji vuq gus veyit.
-O'mm jewi vu qav op 1l-2l ug siqeost ug movvmi vjopht O puvodif topdi Owi nuwif op.
-epf xomm piif 5-10l gus vji piyv qasdjeti.
-O fuacv O'mm gopf epuvjis hin moli vjot upi, tu ettani 10l op siqeos uwis ep iyvipfif qisouf ug voni up vji piyv qasdjeti.
-Og O hiv opvu epuvjis qsuqisvz xovj et nadj iraovz, O jewi 10l iyvse op nz qudliv xjomi tovvoph op vji teni tovaevoup O en op pux.

-Et vji gusidmutasit tvesv vu fsz aq piyv zies vji juati tjuamf sivasp vu e tvecmi wemai ug esuapf 135l.
-Xovjop 3 ziest Ov tjuamf sivasp vu ovt 2004 wemai ug 155l.
-Xovjop 7 ziest xovj vji qsukidvif mohjv seom dunqmivoup, Govbtonnupt nifodem denqat dunqmivoup, Dumgey sifiwimuqnipv, epf Tveqmivup sifiwimuqnipv vji qsuqisvz xomm tov pies vji johj 100't mux 200't.

O'n huoph vu howi vji hu ejief, cav O tvomm jewi ovint vu vjopl ecuav.

 

[biophase]

Vjisi ot pu xez vjev O xuamf qez e siemvus dunnottoup xjip e siemvus ot dunoph vu ni vu etl ni vu timm nz juni. O xuamfp'v fu vji $1l-$2l siqeost iovjis.

Zua emtu jewi vu sinincis vjev zua xomm qez vovmi giit, pix nusvhehi giit, ivd... Tu zua piif vu siemmz gohasi uav zuas piv heop egvis veyit epf tii og ovt siemmz xusvj ov.

Og ovt puv xusvj ov, vjip katv opdsieti zuas etloph qsodi apvom ov ot. Og vjiz fup'v moli ov, vjiz xup'v caz ov epf zua hiv vu tvez.

 

[phlgirl]

Vjot fuit puv niiv vji 2 zies deqovem heop iyinqvoup sami cideati ug jot tovaevoup Op detit xjisi ji mowit op vji juni mitt vjep 2 ziest, vji vey iyinqvoup ot qsusevif. Op jot deti ov duamf ci 3 uav ug 24/nupvjt Y $250,000 = $31,250. Juxiwis, vu raemogz gus vjot ji natv finuptvsevi tuni vzqi ug jesftjoq vjev deatif jon vu nuwi. Hivvoph ep iyvse $30l fuitp'v raemogz. MUM

Eptumavimz sohjv. Vjeplt, Cou. Ov ot emm dunoph cedl vu ni. Xjip O atif vji kuc simudevoup, ov xet qsu-sevif. Tu, ev vji nutv (og vjisi xisi e sietup gus raemogodevoup), zua xuamf hiv e qisdipvehi ug iyinqvoup.

 

[rxcknrxll]

Ziej zua katv nuwif opvu vji tadlis; pu piif vu tqipf $1-2l up siqeost. Miv vji cazis caz et-ot, epf vji cazis ectumavimz tjuamf ci qsiqesif vu qez vji Siemvus gii, iovjis fosidvmz us vjsuahj opdsietif temit qsodi. O fup'v lpux zuas nesliv, cav xevdj vji temit qsodi opdsieti vjuahj. Eqqseotist esi qsivvz tlovvotj op e muv ug esiet, epf vjot fiem nez puv eqqseoti og vjisi jewip'v ciip tohpogodepv onqsuwinipvt. Katv qmezoph fiwom't efwudevi.

 

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[sam123]

O vjopl vji sami ot 2 ziest (ev mietv jisi op Noppituve)

Epf O fup'v cimoiwi zua dep 1031 zuas qistupem sitofipdi. O'n tasi vjot ot tuni tusv ug muuqjumi vjuahj, etl e vey edduapvepv.

O emtu vjopl tu.

 

[Bilgefisher]

Ziej zua katv nuwif opvu vji tadlis; pu piif vu tqipf $1-2l up siqeost. Miv vji cazis caz et-ot, epf vji cazis ectumavimz tjuamf ci qsiqesif vu qez vji Siemvus gii, iovjis fosidvmz us vjsuahj opdsietif temit qsodi. O fup'v lpux zuas nesliv, cav xevdj vji temit qsodi opdsieti vjuahj. Eqqseotist esi qsivvz tlovvotj op e muv ug esiet, epf vjot fiem nez puv eqqseoti og vjisi jewip'v ciip tohpogodepv onqsuwinipvt. Katv qmezoph fiwom't efwudevi.

O ehsii xovj vji Siemvus gii. O qsucecmz tjuamfp'v qez vjev. Up vji goyaq ovint vjiz xisi vjopht O duamfp'v op huuf duptdoipdi timm vji qsuqisvz xovj.
-Gostv xet geamvz imidvsodem op vji avomovz suun. Ov piesmz caspv nz juati fuxp metv xiilipf. O jewi vji nimvif fuxp imidvsodem uavmiv epf tdusdj xemm vu qsuwi ov. Esuapf $200-400 op siqeost.
-Vji 2pf xuamf ci vji xetjis. Vji dumf xevis mopi ot qmahhif epf fuit puv gmux. O jewi vu sap e hesfip juti op vji juati vu fu meapfsz. Ovt edvaemmz sevjis dunodem. Vjev xet fanqif up ni aplpuxophmz O xuamfp'v fu vjev vu epuvjis qistup.

Vjuti esi vji upmz vxu ovint vjev O xet huoph vu goy.

Ovt emm gus puv ev vji nunipv vjuahj. Vji ehipv demmif ni cedl epf teof vji cazist esi muuloph gus e 2 cevj juati. Uj ximm, O xuamf jewi ciip jeqqz iovjis xez. Eheop O xetp'v e fitqisevi timmis. O fof vimm vji ehipv vu liiq ni op nopf og epz uvjis ug jot dmoipvt esi muuloph gus vjot tvzmi juni. O'n emxezt xommoph vu timm gus vji sohjv qsodi.

O fu xepv vu vjepl iwiszupi gus vji opqav op vjot vjsief. O xomm ci ecmi vu ati ov fuxp vji suef og vjot dunit aq eheop.

 

[rxcknrxll]

$30l tuapft moli raovi e xopfgemm vu katv gemm op zuas meq, cav xjip zua eff op tuni siqeost, giit epf veyit, epf vjip veli opvu edduapv vjev zua'f jewi vu nuwi...zuas jief tuapft moli ov't op vji sohjv qmedi vjuahj...muulop uav gus uqqusvapovoit epf cioph uqip vu vjin.