Michael Demby
Sell your primary residence to your LLC - benefit or mistake?
I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea? Thinking about depreciation, maintenance cost, taxes ETC. I know it may depend on state specific guidelines ...
Frankie Woods
How to account for "rent saved" on primary residence ROI
The debate rages on about the cons and benefits of buying a primary residence. As a military member, one of my primary strategies has been to purchase a primary residence with a low ( <5%) down payment and rent u...
James Masotti
Primary Residence Mortgage without 2 years rental history?
Something I knew but nonetheless seemed to have buried deep in the recesses of my mind...but I called a bank today about getting pre-qualified on a mortgage for a new primary residence. I have two properties I purchas...
Neomi Riley
Co-Wholesaling
A wholesaler has reached out to me with an offer to co-wholesale...anyone familiar with this kind of offer and should I be skeptical? Thanks.Neomi
Pablo Barrientos
Looking to buy my 3rd home(primary)
Hello bp, I wanted to start looking into my 3rd home and want to be sure I can qualify. My first home is a duplex which I live in one unit and rent the other . My second is a investment duplex all rented out. So I kno...
Paul M.
unusually generous lenders
I wanted to share what I've seen in my research/experience regarding mortgages and HELOCs.
TDBank-charges the same interest rate for investor properties (1-4 unit) as they do for primary residences. I was really sur...
Chad Brown
Family member/renter co-signing on a loan
Hello! I have a property that my Mother in law is staying at currently, but I lived in for a few years prior to my marriage and have some equity built up unit. We are wanting to do a cash out refinance to pull some mo...
Dan M.
Converting a rental to a primary residence
Hello all,Has anyone done this? If so what are some things to consider. My biggest question really is do you have to pay back expenses and depreciation on the conversion, or does the basis just stay lower when you go ...
Brian Masotti
Convert Primary to Rental
Thinking about renting current primary home and buying a new primary home. Are there any issues if there is a current loan on "current primary" Thinking since mortgage rate is much lower and wasn't sure if there were...
Deb W.
rent ,sell or refinance primary home
Hello all,We are a married couple that are now early retired, 62 and 63. We have very little income and are not collecting Social Security yet so are living off of savings and looking for some cash flow. We own our ow...