Account Closed
Buying primary residence
Hello all,Can someone tell me the formula banks use when trying to put together a conventional loan? The home I am currently looking at is considered a jumbo loan. I'd love to see an example if someone had the time to...
Andrew Ware
Primary Residence Benefits
Due to my mother's medical condition we are living basically rent free at my parents house. Unless/until we build a house on the same property or something changes it is unlikely that we will move out. So my primary...
Jordan Mummau
Flip Primary Residence
Investment Info:
Single-family residence fix & flip investment in Annville.
Purchase price: $125,000
Cash invested: $30,000
Sale price: $205,000
My wife and I bought our first home at public ...
Jordan Mummau
Primary Residence HELOC
Investment Info:
Single-family residence buy & hold investment in Annville.
Purchase price: $390,000
Cash invested: $90,000
Primary residence. Purchased after using bridge loan on our first flip ...
Philip Claessens
Primary residence strategy
Hi everyone, I live in San Diego. I own my primary residence and I am just getting started in real estate investing. My parents are about to retire. They didn’t save anything for retirement and will be living off SS c...
Diana Meek
Renting my residence
I've been considering real estate investing for a while, but just got a big push. I am having another child and need a less complicated place to live. As it is, I have an acre of land and a house I've been slowly remo...
Erik Martin
Primary Resident Restriction
Hey BP, I have been getting excited about the prospect of trying to find an area that doesn't require primary residency for an AirBnB property. I live in Colorado and our two big cities, Denver and Boulder, both requi...
Casey Gray
Leveraging primary residence
My wife and I are considering leveraging our primary residence to purchase our first multi-family rental(duplex). Curious who has used this strategy and what's a good rule of thumb.
Matthew Jackson
Two primary residences
My wife is the only name on the loan for our current home which is our primary residence. Is it legal/possible for me to go out and buy a home with only my name on the loan and own that property as my primary residence?
Todd Pickett
Residence turned investment
Investment Info:
Single-family residence buy & hold investment in Fort Worth.
Purchase price: $195,000
Cash invested: $10,000
Sale price: $370,000
It was our residence for 5 years. Held as in...