Information needed to know:Property #1- 3bd/2ba - 1,376 sq/ft- Priced around $370,000Property #2- 4 bd/2.5ba- 1,512 sq/ft- Purchased for $340,000My parents were originally living in property #1 but property #2 is now my parents primary home.

Hi all:My understanding is that the mortgage interest on HELOCs on your primary residence is no longer deductible under the new tax law.

We do however have a conservative $150k equity in our primary residence as well as access to other forms of credit to get the job done if needed. 

We have a primary residence, we're looking for a weekender home with the potential of renting it out possibly 6 months out of the year, full time in the short term, or just during the peak summer months; areas of CT that attract a strong summer rental market. 

Thus, we would not be able to sell to someone who wanted to move into the property as their primary?

Hey guys, I currently own my own primary residence and was considering selling (live in California with some nice appreciation) and using the BRRRR strategy for my next primary residence, keep it for a few years and do it again.Anyone doing this or do this in the past?

After a lot of thinking last night, we're now looking to rent out our current primary home and move into this future home. 

Congrats on getting income out of your primary! 

I intend to use conventional financing for the first few, as I currently only have one mortgage at the moment (my primary residence.)I haven't narrowed down a target market, but so far, everything has me leaning towards Memphis for a starting point.

@Joe G.I am not in anyway, shape or form benefit financially from this company, but when I was looking for a lender for my rental, I went back to the lender for my primary residence (Caliber Home Loans).