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28 December 2024 | 3 replies
Some insurance companies offer policies specifically designed for owner-occupied multifamily properties, so it’s worth asking about that option.The key is ensuring both your personal residence and the rental unit are adequately covered.
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27 December 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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3 January 2025 | 18 replies
If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.
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25 December 2024 | 12 replies
They have 3-4 residents and someone is there at all times caring for those residents 24/7.
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27 December 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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26 December 2024 | 15 replies
DSCR is for non-owner occupied residences only.
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28 December 2024 | 8 replies
I am all for owning your own residence, but really it comes down to your current situation.
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31 December 2024 | 9 replies
I am in the process of getting a HELOC on my primary residence at the moment.
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14 February 2025 | 161 replies
The last thing I would do is aggressively pay off my personal residence, especially if you have a low % mortgage.
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26 December 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.