I am excited to immerse myself in the world of real estate and take on new challenges as I embark on this journey.Goals:As a new member of the real estate investing community, my primary goal is to educate myself, gain hands-on experience, and ultimately achieve financial independence through smart and strategic investments.

Here's the scenario: A little over a year ago my wife and I converted our primary res. to a rental without too much financial analysis.

You'll still want to vet them like a regular borrower but make sure you're first position in the loan and have an attorney draft up the promissory note for you with the asset as collateral. 

If you have a primary and want to use your primary's equity then the lender can let you go up to 90% CLTV.

Hi BiggerPockets Family,I’m trying to start my real estate investment journey through the purchase of my primary residence, with the intention of selling it in less than 5 years.

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

We are open to renting out our primary residence, and renting an apartment ourselves, if that helps anything. 

Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary residence start from the date of death or the date the house was distributed from the trust? 

Hi,I’m active duty military moving to Yuma, AZ looking to buy a primary residence(3 or 4bd/2ba) that I will convert to a rental property after one year of living in it.

I have personally done this over and over again and every time I have been able to refinance all of my money (down payment and renovation costs) out of the deal while maintaining true positive cash flow.