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22 September 2024 | 2 replies
We get primary residence loans for <10% down, we have the power of creativity, and if we're planning smart - we also have the opportunity to ride the wave of interest rates because we're much less dependent on adjustable rate loans.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!
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23 September 2024 | 5 replies
I've had a conundrum the last few years since I bought my first primary residence, I was lucky to get a good interest rate <5% When I purchased this property I was very green and new to real estate but I had heard or seen somewhere on some financial blog or podcast that if you pay an extra $100/mo toward your mortgage in many cases you can accelerate your payoff date 5+ years.
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25 September 2024 | 14 replies
I’m a huge believer in never using your own money to buy and I’ve never borrowed from a bank to buy a house except my own residence.
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23 September 2024 | 8 replies
Even if appreciation is the same across the board, 3% appreciation on $1M asset or $3,000/month rent is a higher dollar amount than something on a $100K asset or $1,000/month rent.Between my house hacks and partnerships, I'm up to 15 doors (including my personal residence) where the last time I did a down payment was in 2015.
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21 September 2024 | 0 replies
Hello, I would like to buy my first home as a primary residence in Florida.
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21 September 2024 | 1 reply
I found another home that’s move-in ready, and I’d prefer to use a second VA loan since the rates are much better than those for an investment loan in this case.For context: I’ve lived in my current home for over two years, still have VA loan entitlement left (with a down payment), and plan to occupy the second home as my primary residence.
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21 September 2024 | 1 reply
Where the problem arises is if you buy it as your primary residence (ie put 5% down) and then don't move in.
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23 September 2024 | 19 replies
We are purchasing a four-plex next week and I wanted to gift something to the current residents.
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21 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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20 September 2024 | 0 replies
How we helped a resident, who lost their spouse, buy the home they were leasing to make sure his children felt stability and at home!