Darius Johnson
Refinance First Mortgage to get Second Mortgage
Hello Everybody,Looking to refi 1st mortgage on a SFH out of town, to get money for a down payment get a 2nd mortgage on another SFH in a different town in Ga.Anyone have experience doing this or any suggestions?1. I ...
Christina Galdieri
Capital gains start
Question about capital gains. I purchased a lot in August of 2022. We put well, electric and septic on it in 2023 and now in 2024 we are putting a manufactured home on it. This will be my primary residence but I may w...
Matt Pich-Maxon
70% LTV on Property #1 to qualify for conventional on Property #2
We bought our primary residence 10/06/2017. We found a Duplex that we would like to buy and make into our new primary residence using a conventional loan. I emailed a lender and she said I would need 70% LTV on our pr...
Wally Katz
1031 to personal residence (already owned?)
Have a semi complicated scenario I can't quite find the answer to. Managing member of an LLC that owns investment property (with a silent partner's equity). Would it be possible for the LLC to sell the investment pr...
Chootar Laal
Need advice on paying off mortgage and being debt-free
Sorry if this is in the wrong area of the forum, mods.
So I have a 2-family investment property (financed via bank) and a single-family home (primary residence) in the same city. Here are the expenses ...
Jake Williams
HELOC on Rental Property
My wife and I are nearing completion on the renovation of our primary residence in Eden Prairie Minnesota. We planned to get our home reappraised and take out a HELOC against the equity (~$100k). I am having conversat...
Ryan Billingsley
Rent or Own?
Most people who visit this site are interested in real estate investing. There are many different pros/cons and opinions whether to rent or own your primary residence. House hacking is also becoming more popular wit...
Greg Scully
HELOC VS REFI
I am trying to figure out which option is best for me. I have a substantial amount of equity in my primary residence, but my payment is high from a previous refi to a 15yr note. If I get a HELOC to invest in a SFR f...
Shaya Deaton
Second Home financing options
Hi everyone, I just discovered this fantastic platform, and I am curious how you all are thinking about this. For my first home purchase, I did a conventional bank loan through a top big bank. I lived in the property,...
Yoon Seokwoo
rent out right after buying house for primary residence
Say I meant to buy a house for my primary residence and told lender about it. The lender gives me a loan for conventional mortage with 20% down on primary residence (lower rate than when buying investment property) Bu...