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All Forum Posts by: Judah Bailey

Judah Bailey has started 2 posts and replied 5 times.

Post: Real Estate professional status

Judah BaileyPosted
  • Posts 5
  • Votes 2

Thanks for clarifying!

Post: Real Estate professional status

Judah BaileyPosted
  • Posts 5
  • Votes 2

Hello, I had a question about being seen as a real estate professional for tax purposes. If I'm "House Hacking" my primary residence does that count as hours towards my 750 per year?   

Post: Where to get down payment funds soon

Judah BaileyPosted
  • Posts 5
  • Votes 2

The actual unit is 107k, 113k with closing cost. 

Post: Where to get down payment funds soon

Judah BaileyPosted
  • Posts 5
  • Votes 2

I thought I would have the money from my parents, but they changed there mind at the last minute. I guess I'll have to look for an investor. The down payment is only 6000 dollars closing cost are worked into the contract. 

Post: Where to get down payment funds soon

Judah BaileyPosted
  • Posts 5
  • Votes 2

Where can I get money for a down payment? I have a house under contract, but if I take out a personal loan for the down payment it would effect my debt to income ratio negatively.