Spence Rodman
10 Mortgage Limit Problem
I have recently purchased a house that i have moved into. I purchased it using my business line of credit from a local bank who holds the mortgages to many of my properties. I intended to refinance the loan on a 30 ...
Michael Cox
Loans on fully owned assets
I am wondering if you can take a loan out against a home that you fully own that is not your primary residence? If yes, what would be the steps to start the process?
David Shue
FHA LOAN
With FHA loan, the borrower has to live at primary residence for 2 years before he or she can sell the property. Is this correct? Any advises would be greatly appreciated.David
Takahito Torimoto
How to re-classify a Primary Residence as an Investment Property for 1031?
If I had an investment (STR) property for 2 years (We'll call it property A), but then moved into it full-time (not renting it out) "converting it" into a Primary residence - and in the future, I decided to purchase a...
Yogesh M sayanakar
Does house jacking really work with families that are trying to establish roots?
Hello community, I often hear house hacking as a strategy for investment, and I can see how it works for someone who is single or a your family without kids. However for someone with young kids looking to lay roots in...
William Freer
Can i rent a property i bought while mobilized until I return?
So I'm 22 and I'm looking to buy either a condo or single family home in Orlando, FL while i am mobilized. I understand that with using the VA load I would have 60 days to 1 year to move in and that's fine. I'm statio...
Laura Perrot
Purchasing a rental property as your first home?
First time home buyer here! Is it a good idea to buy a property you intend on renting out BEFORE buying a primary residence for yourself? In this situation, I would continue to rent the townhome I’m living in and hope...
Account Closed
Guidance Needed on Investing in Canada as a US Citizen
I am a US Citizen and I would like to begin investing in some properties in Canada with a friend of mine that is a citizen of US and Canada. I would like to learn more about what steps i need to take to be able to pur...
Colin LaReaux
Loan options when member of LLC resides in Property??
Brief summary: My LLC (3 members) purchased a 2 unit rental property in cash and intended to BRRRR using a cash out refinance. But one of the members will reside in 1 unit and rent the other. Can we obtain benefits of...
Alexander Darnley
Can I use an FHA 203k loan for my first investment property???
I am currently interested in purchasing a flip in Houston, Tx, but currently live in Shreveport, La. I understand that FHA loan requirements state that you must be an owner occupant and that the house must be your pri...