Account Closed
Renting out mortgaged properties
Quick question: So all I hear is about renting out properties you have a loan on. Now I just got my first mortgage at 2.25% and if I wanted to rent it out what is the process? Should I put it in a trust? May my con...
Steven Embree II
VA Househack 1031 Exchange w/ 121 Exemption
Here’s the skinny:I am a veteran with a VA loan for a fourplex in which I reside in one of the units. I have lived here for three years, meeting the 2/5 year requirement for Section 121 Exemption. I am considering the...
Joel Knutson
New Member in a pickle with a guest house
Hi Forum,I've been dabbling in investing for the past 5 years. I moved and kept my former primary residence as a rental. My current primary residence has a garage that was converted into a 1 BR guest house decades a...
Chris Archer
House Hack 5% downpayment
Hi everyone. My wife and I want to purchase a duplex with 5% down as a primary residence and live in one unit. We currently own a house we live in as our primary residence (which we would rent out) and another singl...
Jorel Gibson
Getting started in real estate
Hello everyone my name is Jorel I am 18 I live in Fayetteville, NC I have recently found interest in the world of real estate and have figured out it is the Career I want to do full time I am still learning every day ...
Abdul Siddiqui
Stuck in Dilemma on how to grow
Greetings everyone!I am an investor who has grown a small portfolio and am stuck on what options to consider to grow.I live in Houston.I have 3 homes currently:1. Personal Residence ($210k balance at 3% for 15 year) A...
Patrick Reynolds
HELP! Refinancing an out of state multifamily from Washington DC
Hello BP Community! I have relocated from Worcester MA to Washington DC and am finding I made a huge mistake in the process, and cant seem to find a solution. I had house hacked a triplex in MA in 2016 as my primary r...
Brian Linville
General question - Mortgage levels for second investment property
I have a general question based upon a potential situation.
I am looking to possibly buy a personal residence, and then buy investment property afterwards. Holding both properties. My question is how much do bank...
Will Payne
How long do I need to wait to move after securing a HELOC
Hello, I am considering taking out a HELOC On a residence we recently bought and renovated. When I say recently I mean within the last month. We are currently living in Louisville Kentucky but my job has the potential...
Marcus Mathews
Primary Residence Exclusion + 1031 Combo?
I am selling my two unit property here in Portland, which is a small 2/1 house along with a detached 1/1 ADU on the back of the lot. I have lived in the main house for well over two of the last five years, so that def...