14 November 2024 | 5 replies
Specific Questions.With a long term one year lease term, with month to month terms after, how difficult is the process to "force" the Tennent out if needed to move into the property as our primary residence.
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14 November 2024 | 11 replies
A lot of forever houses on the primary side and buy to hold forever are far from forever.
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22 November 2024 | 92 replies
Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.
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7 November 2024 | 5 replies
@Dani Beit-Or It's my understanding you can't 1031 exchange a primary residence.
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20 November 2024 | 37 replies
A lot of the time, the HML 2nd secured by the high equity primary residence would end up getting paid off in short order with via a HELOC, so there'd have to be points in it upfront for the HML for it to make sense.
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13 November 2024 | 1 reply
You could pull some cash out to do the renovations and then refinance on the ARV once its done in 6 months and take out more cash to buy another investment home or rent that one out and buy a New primary home.If you have any questions on the steps or the process feel free to reach out or send me an email.
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13 November 2024 | 8 replies
ADUs implies there is a residential building to be an accessory to, but inn my market the accessories can be overwhelming to the primary structure.
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14 November 2024 | 3 replies
Hello everyone,I'm currently in the process of buying my primary residence, and I could use some advice.
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14 November 2024 | 0 replies
We bought it with a HELOC on my mom's primary residence for the first $40k, then hired a contractor for demolition and major renovations, did cosmetics ourselves and used more heloc money totaling $60,000. 1 year later we listed it on VRBO and AIRBNB and refinanced the $100000 into a fixed rate mortgage.
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15 November 2024 | 16 replies
I spoke with two lenders who they suggested and the lender I normally work with and I could not qualify with my primary home and rentals.