Edgar Perez
HELOC on my owner occupied multi family
26 April 2018 | 1 reply
as your primary you should be able to get an O/O HELOC my guess on the move out question would be dont ask dont tell, so residential HELOC's tend to be 10 year term, so I would maybe get the HELOC from a bank you dont do investing related banking with maybe an out of area bank or bigger institution. and set up a P.O. box or a different address to get correspondence from them (totally reasonable in a multifamily) this way when you move that doesnt change, so no red flag for them to call it due.
Khaled Fawzy
Appraisal Question for Medical Office Lot
26 April 2018 | 4 replies
A credible appraisal would likely present both income and sales comparison approaches, with the primary being the income.
Vik D.
Canadian business Corp to buy
25 April 2018 | 2 replies
@Vik D.We used retain earnings in our primary business (a CCPC) as startup capital for our real estate venture (a separate company, which in-turn holds our Canadian real estate assets and 100% ownership in a U.S.A.
Chase Bleke
Vista CA Vacation Rentals Analysis
11 March 2019 | 8 replies
However, the primary house on that lot I would place at over 10,000'.
Mike Dugan
Strategy for this one?
25 April 2018 | 1 reply
In the past I have worked with properties in the 50-120k range, wholesaled some, kept several for myself thru traditional financing.
Christopher Oyenuga
Purchasing Rental 90 Days After Purchase of First Primary House
26 April 2018 | 2 replies
Hows it going BP? New to BP other than viewing the Podcast. I'm still new to real estate and consider myself in the education stage. I recently moved to the Augusta, Ga area from Northern Virginia and I'm originally f...
Jason H Orahoske
I have 16 Late mortgage payments on my credit report, what now?
28 April 2018 | 25 replies
Maybe it's cashflow neutral due to the interim financing, and you refinance it to 'traditional' financing after a year.
Danny Maller
Just bought my first property and house hacking with a roommate!
15 May 2018 | 21 replies
The biggest deal is we've been able to upgrade our primary home thru flipping and now have a considerable equity in it.
Rah-sheen Blalock
Help is needed about Financing on a foreclosure deal
13 May 2018 | 4 replies
You can talk to a private investor, but not sure I see a big enough profit in your deal to take it on.Start living like no one else does, get a second job or a better job, so you can save $20-30K and you can make this happen.I've had to pass on two deals 'cause I didn't have the cash to put 'my skin in the game' (just put $70k into buying a primary residence).
James N.
Buying 5th Property as Primary Residence
12 May 2018 | 3 replies
If I own 4 rental properties, could I still co-sign on a 5th property under my wife’s name for a primary residence?