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12 October 2024 | 6 replies
I used a HELOC on my primary residence to purchase a long term rental investment property.
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13 October 2024 | 24 replies
"We are sorry that we cannot continue this insurnace therefore your policy will not be renewed...Material increase in hazard as evidenced by the fact that the residence is not owner occupied as required by our policy".
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21 October 2024 | 176 replies
On June 21, 2024 Freddie Mac got approval to purchase second mortgages on SFH occupied by primary residents.
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13 October 2024 | 2 replies
My goal is to acquire a primary residence ideally before the end of 2024.
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12 October 2024 | 2 replies
Husband and I are purchasing a property as our private residence that also has a small cottage on it we plan to STR.
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12 October 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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7 October 2024 | 0 replies
We’re considering a new primary residence that has a large agricultural building on it.What things do we need to consider for offering it as a storage?
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7 October 2024 | 4 replies
I found this but I can't understand what the other costs are https://www.narpm.org/members/resources/rent-vs-sell-calculator/SFH current value: $441,000Bought for (2020 new construction): $362,000 (primary residence till Nov 2023)Mortgage balance: $218,000Interest rate: 2.375% for 15-year loan (12 years left)Annual Tax, insurance and HOA: $7,000Current rent: $2950Appreciation: Reached $441K in March 2022 and has stagnated since.
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11 October 2024 | 11 replies
By and large, MTR residents are coming to work (or for relocation due to flood, fire or wind), and they approach finding housing with their analytical brain, not the emotional one.It's also not uncommon that the person tasked with finding accomodations for the MTR resident isn't going to be staying there at all.
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14 October 2024 | 8 replies
Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?