
23 October 2018 | 13 replies
Agree with @Thomas S. putting your primary residence into an llc is not worth any “possible” protections....harder to finance it and you give up the tax free gains if you eventually sell it as your primary.

26 October 2018 | 4 replies
I have a good plan for the funds that will allow me to earn a greater amount of cash flow (building an ADU at my primary) and I am excited to start work on that project.

21 October 2018 | 0 replies
Purchase price: $110,000 Cash invested: $165,000 House Hacked single family home, live in an primary residence.Appraised at more than double the purchase price.Cash out Refi done after renovations completed to reinvest in another property.Property is a Cape style house, 2 car garage, mudroom and 3 bedroom, 2 bathroom.

22 October 2018 | 12 replies
In the past we used VRBO and HomeAway for the Chatham property when they were advertising platforms.

21 October 2018 | 0 replies
Purchase price: $270,000 Cash invested: $4,000 Current Primary Residence. 2 rooms are being rented and living there for less than 600/mo depending on utilities.

13 September 2018 | 5 replies
I have some cash saved so I can look into a multifamily in a cheaper area as well. ( I'm by the coast so everything here is expensive) C) Keep this one but rent it out completely and buy another property as my primary ( possibly in a cheaper area).
12 September 2018 | 2 replies
@Justin Verrillo it all depends on how much equity you have on you primary residence.

12 September 2018 | 1 reply
im stuck on 3rd R of BRRRR.i bought triplex financed my downpayment and used total $45k to fix up now cant afford to refi cash out to repeat cause need 2-3 months of reserves ie $3500-4500 in personal not dba account. i only have dba and i spent it on fixing 3 unit and rehabbing my new personal residence. both have equity but no one wants do Heloc with me credit is 700. owe $79k on triplex ARV is eta $225k based on noi , gross rents $2995 net monthly is $1850, moved into 3 unit for 5 months while fixing then tried refi while living onsite but needed 1140 rent to meet debt 2 income ratio to buy primary residence and b4 moved out i tried refi via VA but told need make 6 payments first. so i hunt for portfolio lenders...no luck yet tried 4 in Maine. once moved out tried refi triolex conventionally with veterans unlimited, and quicken loans. both failed me on dumb minutiae wasted 3 months.now spent all my original financed money to fix up triplex and rest money to buy, move and rehabb my primary and now have no reserves. im living off my rent incomes. cant save up need buy 6-8 unit need 25% down plus rehab costs.sitting on 3 acre river front 1500 sqft camp with 2 barns 35ft from river that needs rehabbing but owe $52k ARV is $190k. holding is $550 month, needs $50k rehabb any lenders offer no reserves and 100% besides VA and no seasoning?

11 September 2018 | 0 replies
How long do I have to leave in my house before it's considered my primary residence I'm thinking about moving back into my duplex so I can refinance it I say owner-occupied I bought this property 3 years ago I live in it for 2 years I haven't leave in there for one year now I'm thinking about going back but how long do I have to wait before I can refinance .

17 February 2019 | 13 replies
Personally I had the same tumbled marble in my last primary home.