26 July 2024 | 5 replies
@Anthony LeodoroThis sounds like your primary residence If so, then yes just because you have equity does not mean that you can gain access to it unless you can afford the payments.
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25 July 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $222,000
5 bed 2 bath 2960 sqft single story rancher on .8 acres
Lessons learned? Challenges?
I actua...
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27 July 2024 | 4 replies
I currently own 2 properties, and in the process of looking for my 3rd, which will be my primary home for my family and I.
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26 July 2024 | 0 replies
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).The remaining $50k from the HELOC could go into fixing/rehab of the 12-units.Then cash-refinance the larger amount from the 12-units to pay off the HELOC in one lump-sum (as much as possible), then using the cash flow from the apartment to pay off the rest of the HELOC.Repeat the process with a new apartment.1) Does this make sense?
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28 July 2024 | 7 replies
Purpose of the Leasing Management Program The primary purpose of the Leasing Management Program is to regulate and monitor leasing activities within the community.
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26 July 2024 | 2 replies
I wanted to know if anyone has some great strategies for using seller financing as a primary revenue-generating strategy or if there's any pit falls I should look out for.
26 July 2024 | 1 reply
I’m committed to house hacking since I can only afford a place with a primary resident loan.Has anyone employed the mid-term rental strategy while house hacking?
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26 July 2024 | 11 replies
But if not, it seems like youre really only holding yourself back and trying to fill in the gaps with licensing, mentorship, and other time consuming activities besides actually investing in RE.If you qualify and can afford it, just get yourself a primary residence and househack.
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25 July 2024 | 10 replies
Primarily when downsizing they question your occupancy intent (Claiming primary residence on a fixer upper for favorable LTV terms, with intent to convert to an investment in the short term) but everything can be worked out with proper documentation.
26 July 2024 | 12 replies
Theoretically, if I did enough work so that it fit my needs and lived in it as my primary, would I be violating any laws or aspects of an owner-occupied loan?