Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay myself back?”  

We are about 1/2 way done my personal residence.

Investment Info:Single-family residence fix & flip investment.

My goal is to invest this capital into multifamily residences (as few as possible) to replace my active income completely with passive income. 

Investment Info:Single-family residence buy & hold investment.

Hi All - I'm brand new and have a goal to buy a property by EOY.  I'm overwhelmed by which market(s) to choose.  Because I'm in the Bay area, I can't really invest in my backyard so to speak.  Looking out of state (be...

There is a lot of great advice and detail on the requirements for DSCR in here and one small detail that I haven't seen mentioned - You have to already have a primary residence.

Investment Info:Single-family residence buy & hold investment.

If the unit they are renovating is vacant, they should be fine moving into that unit and using it as their primary residence...not what they wanted to do, but c'est la vie.

I would definitely consult/call the property tax assessor's office in whichever county you plan to reside in to be 100% certain as they will be able to tell you.