., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

I depreciated the RV under our primary LLC last year.

That way you can put down as little as 3.5% for FHA or 5% for any primary.

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

I would first check to see if HELOC is even an option - in TX its hard to find and can only be done for a primary residence.

Hi Community,I am in a position where I can tap into the equity of my primary home to purchase a second investment property.

On the other hand, if you “just” break even for 30 years on your previous primary home with 5% down.

Most primary residence lenders are not going to lend in second position for a purchase.

While we manage a few in Tuscaloosa, our primary focus is Birmingham—it’s a fantastic market for value-add and BRRRR strategies.If you’d like to hop on a call, feel free to DM me.