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22 February 2025 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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25 February 2025 | 0 replies
Current residence allowing me to live rent free.
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28 February 2025 | 11 replies
If you are living in the home as your primary residence you will probably lose the homestead exemption if you put it into a trust or LLC.
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22 February 2025 | 11 replies
Quote from @Barbara Wise: Investment Info:Single-family residence buy & hold investment.
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18 February 2025 | 17 replies
But the manager's unit is really a 3000 sqft / 4 br / 2.5 ba SFR, and we live there as our primary residence.
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28 February 2025 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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15 February 2025 | 6 replies
I had an outstanding cost of $30k that I rolled into a cash refinance on our primary residence.
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17 February 2025 | 7 replies
Investment Info:Single-family residence buy & hold investment.
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18 February 2025 | 4 replies
If you do not qualify, you would then look into if you would qualify with renting your departing residence. 75% of the lease will be used to offset that departing residence mortgage. as you mentioned the timing of renting the place can absolutely be tricky so you would hope you do not have to do this.Finally, and I guess would be sorta of a trick, but we do bridge loans on occasion in this case IF you can qualify once you get the property rented at market value even if debt to income ratio is too high before it is rented.
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18 February 2025 | 0 replies
Investment Info:Single-family residence buy & hold investment.