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27 December 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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26 December 2024 | 15 replies
DSCR is for non-owner occupied residences only.
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16 December 2024 | 19 replies
Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.
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24 December 2024 | 3 replies
When you buy a primary residence you are typically using a conventional conforming (fannie/freddie) type loan.
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28 December 2024 | 8 replies
I am all for owning your own residence, but really it comes down to your current situation.
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26 December 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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25 December 2024 | 3 replies
It's best they be honest with their current landlord so he's not caught by surprise.
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3 January 2025 | 18 replies
If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.
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31 December 2024 | 9 replies
I am in the process of getting a HELOC on my primary residence at the moment.
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27 December 2024 | 4 replies
You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.