![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/526255/small_1736640886-avatar-allenm22.jpg?twic=v1/output=image&v=2)
23 January 2025 | 26 replies
If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2139471/small_1697083407-avatar-simonh63.jpg?twic=v1/output=image&v=2)
16 January 2025 | 5 replies
We're also starting to scour other forums for possible investments outside the traditional MLS sites, and other areas like upstate NY.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2843833/small_1695584024-avatar-sabianr.jpg?twic=v1/output=image&v=2)
23 January 2025 | 7 replies
The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165632/small_1736187339-avatar-jonathans1044.jpg?twic=v1/output=image&v=2)
15 January 2025 | 10 replies
What are the challenges of passive investing as opposed to traditional real estate investing?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175019/small_1737933086-avatar-davidy250.jpg?twic=v1/output=image&v=2)
29 January 2025 | 12 replies
Is acquiring a new primary residence and renting your current home feasible?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3169191/small_1736810882-avatar-landena2.jpg?twic=v1/output=image&v=2)
21 January 2025 | 5 replies
And using the process buy a new property or properties that you also intend to hold for investment use.The issue for you might be that you purchased this property with the primary intent of selling.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3176978/small_1738261554-avatar-robeln2.jpg?twic=v1/output=image&v=2)
8 February 2025 | 6 replies
Commercial RE is a bit more strict than the residential market which has more options available due to flexible housing regulations in place to make it easier for people to buy their primary residence.1) Family and friends.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2680148/small_1679595083-avatar-bradr174.jpg?twic=v1/output=image&v=2)
13 January 2025 | 5 replies
Here's how they break down:Fannie Mae HomestyleMinimum Down Payment: 3%-5% (Primary Residence) & 20% Down (Investment/Second Home)Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: Per County Loan LimitsOccupancy Types: Primary Residence, Second Homes, and Investment PropertiesUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements (e.g., new roofing, foundation repairs)-Cosmetic Enhancements (e.g., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2985585/small_1711950075-avatar-anam181.jpg?twic=v1/output=image&v=2)
27 January 2025 | 35 replies
As a side note typically I do not use my deferred tax dollars to invest in traditional real estate as the benefits (depreciation etc) are all lost when using a self directed IRA - My guess is build to rent will provide little to no cash flow to build the account - it will all be locked in the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2693958/small_1694561656-avatar-lisaa250.jpg?twic=v1/output=image&v=2)
13 January 2025 | 8 replies
Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.