![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1782818/small_1621515542-avatar-scottk258.jpg?twic=v1/output=image&v=2)
8 January 2025 | 13 replies
Just make sure you take your policy to the brokers so they can do a direct comparison.Maybe hit up your primary home insurer to see if they offer a STR policy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2395057/small_1667954675-avatar-jorgeb92.jpg?twic=v1/output=image&v=2)
15 January 2025 | 144 replies
You're essentially doing the same type of strategy except you're not putting your precious primary home at risk.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/987244/small_1640812300-avatar-christopherl141.jpg?twic=v1/output=image&v=2)
16 January 2025 | 10 replies
Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165586/small_1736179414-avatar-miker711.jpg?twic=v1/output=image&v=2)
6 January 2025 | 2 replies
Demolish existing and add a primary, DADU, ADU or even possibly a four plex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1714521/small_1665758375-avatar-keving426.jpg?twic=v1/output=image&v=2)
7 January 2025 | 0 replies
The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/257088/small_1694748740-avatar-chrisa5.jpg?twic=v1/output=image&v=2)
2 January 2025 | 5 replies
If you feel ambitious, you could try a BRRR strategy adding additional equity to the subject home and then taking equity out of it to pay off either the HELOC or if you decided to the refinance the primary residence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2433355/small_1695010032-avatar-diandrep2.jpg?twic=v1/output=image&v=2)
12 January 2025 | 7 replies
I used them all as primary homes then moved and rented them out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2540254/small_1736557268-avatar-blakew149.jpg?twic=v1/output=image&v=2)
15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1854748/small_1637797740-avatar-ryanc795.jpg?twic=v1/output=image&v=2)
17 January 2025 | 23 replies
As has been mentioned, try to find a way to keep as your primary for 2 years, and all gains are tax free at the sale.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2979821/small_1711200746-avatar-jamesd1039.jpg?twic=v1/output=image&v=2)
20 December 2024 | 4 replies
I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase.