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5 November 2024 | 15 replies
You can buy a single family home, live in it for a year, then rent it out afterwards, and that would effectively be an investment property after you moved out, but you also got the more beneficial terms of it being a primary residence loan.You could buy a single family home and rent out bedrooms while you are living there, and that would effectively be an investment property, but again, you have the more beneficial terms of a primary residence loan.I wouldn't get caught up so much on if a property you buy is an investment immediately so much as I would focus on what your goals are and how each purchase would be step towards your goals, whether that is house hacking or just buying investment properties you don't live in.
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3 November 2024 | 2 replies
Then using the recoup to fund my primary residence BRRRR to then fund my transition into SFR BRRRR.
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6 November 2024 | 2 replies
Are you establishing residency and/or renting the property?
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12 November 2024 | 17 replies
In Denver where I invest it's actually a PLUS to not have the other unit considered separate because permits are only allowed for STR if you're renting out your primary residence and I know many folks who put a locking door on part of their home and have a separate external entrance to that part of the house, and rent it out as an AirBNB without it being considered an additional unit by the city.
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6 November 2024 | 22 replies
From my observation/experience, Berryessa and Piedmont Hills areas are more family-oriented, so the demand there is generally for primary residences, renters, or travelers visiting families.
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4 November 2024 | 17 replies
I reside in Hattiesburg and I recently invested 5K on a Wholesale Program, thinking it would be really hands on and structured more like a mentor program.
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5 November 2024 | 5 replies
Investment Info:Single-family residence buy & hold investment.
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6 November 2024 | 8 replies
I believe you can, as long as you both owner-occupy the residence!
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4 November 2024 | 3 replies
You can always start off in real estate by acquiring a property as a primary residence.
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4 November 2024 | 1 reply
Hi, just to clarify on the trans union report, the "resident score" is their credit score?