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4 December 2017 | 2 replies
My primary residence is paid off, and I have an open HELOC on it.
7 December 2017 | 1 reply
I am simply looking for general advice and feedback on experiences with this type of transaction.My situation is as follows.Purchased a SFH in May 2016 for $96,500 with an FHA loan for my primary residence.In Summer of 2018 I am looking to refinance to a conventional loan because I believe I will be at 20% equity at this point, if not I will wait a bit longer.I would like to maintain ownership of this home and rent at a rate of $1000/month.For my next property I would like to purchase a home that qualifies for 203k financing.
5 December 2017 | 11 replies
Things to consider are annual co-commissions (essentially franchise fees), annual co-commission caps, desk fees, transaction fees, advertising fees, systems/platform fees, training programs, the schedule required, and then access to principal brokers and or mentors.
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29 January 2019 | 23 replies
I am moving out of my primary residence in a few months and will rent it out.
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6 December 2017 | 12 replies
I am strategizing for my first move into RE investments, and feel the BRRRR strategy will work best for me - starting with purchasing my first primary home and rent out an extra room until I am ready to rent out the entire house.
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3 December 2017 | 2 replies
Hi All,I was wondering could I still get an FHA loan even though I already have a VA loan one primary resident?
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6 December 2017 | 16 replies
We own a home that we purchased 3 years ago as our primary residence.
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6 December 2017 | 9 replies
Major drawback, if LLC is primary borrower and student is sole member, might get beat up by commercial lender on rate/terms.
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13 March 2018 | 6 replies
I have fully paid off my primary residence and have secured a HELOC of $435K against it from US Bank, secured a month ago.
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13 March 2018 | 6 replies
@Jordan Bochner The short answer is, Yes you can own a rental property and use FHA to buy a primary residence.