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21 February 2025 | 4 replies
@Robert Ellis-Multifamily and Built to Rent-Minimum 100 Units - Maximum 450 Units-Markets: Dallas Fort Worth, NW Arkansas, South Dakota, Kansas City, South Carolina and a few others-A & B Class (C Class only in main markets and must be priced very well)- Primary focus: Straight from developer / merchant builder
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23 February 2025 | 4 replies
Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.
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24 February 2025 | 2 replies
One good thing about building a 2-4 unit as a primary is you less money down and you can use the other units as income to help build a more expensive home.FHA allows for a higher loan amount as you get into the 2, 3 and 4 unit homes and its still only 3.5% down.
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25 February 2025 | 0 replies
I'm in the process of moving out of my primary SFH and moving in with the girlfriend.
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16 February 2025 | 2 replies
is my primary home I live in it, the purchase price for the house was $145k and I put 5% down when I purchased it. i been making 6 payments The house is located in Rockford il Most likely the answer is no if you only put 5% down.
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22 February 2025 | 5 replies
Hi I am looking for HELOC on a primary SFH...speaking with some lenders I've run into two issues....(1) some won't give you credit for rental income if you haven't owned the property for two years (show two years of stable rental income) which can skew your DTI unfavorably (2) one lender said they don't give a HELOC if a borrower is carrying more than 6 mortgages.Would anyone have any leads for a potential lender?
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21 February 2025 | 1 reply
Hi AllI'm in Goergia and trying to find the best lenders offering high LTV on primary residence as well as investment properties.
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15 February 2025 | 1 reply
Is it more beneficial when filling taxes to have a rental as a primary residence (house hack) or solely as a rental property, along with a W-2 job?
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18 February 2025 | 17 replies
I am struggling to find someone to fund a primary residence.
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14 February 2025 | 12 replies
Your primary's rate is low and instead of plowing down $88k on the rental, look for another property for your portfolio.