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...
Peter Padalino
1031 Into a Vacation Rental?
I own a highly appreciated SFR in AZ and am planning on selling once my current tenant's lease expires early next year. My thoughts are to 1031 the gains into a vacation rental (or possibly a full time rental). If I o...
Lisa Renee
VA Loan
Hey BP family,I'm trying to find out information on the VA Loan but the VA website isn't very detailed. Since I can't house hack, I want to know if there are other ways I could use the loan. Buy the house and NOT rent...
Lawrence Holloway
FHA or conventional loan???!
I’m a 21 year old male trying to acquire 4 different rental properties from one of my fathers friends. He’ll let them all for go for a total of $175,000. Total rental income it brings is $3150/mo. I’ve never bought a ...
Matt Smith
Can I get a residential loan and then do vacation rental?
I am planning to buy a single family home in California. It is special because it has a vacation license in that city. However, I want to buy it with a residential loan and not a commercial loan (better rates and term...
Nicole Brodie
FHA 203K Loan for Flipping?
Hi there! I'm newer into my real estate education and was looking into FHA 203K loans. They seem like a good financing option since it combines mortgage and renovation with one loan with little down payment percentage...
Account Closed
USDA/FHA loans for raw land acquisition
Can a USDA or FHA loan be used to purchase land that I intend to build a house on? If not is purchasing the land though a conventional loan and then getting a construction loan the only way to go about putting a house...
Reid Shafer
Single family rental property
Investment Info:
Single-family residence buy & hold investment in Chesapeake.
Purchase price: $235,000
I used the VA loan to purchase this home, I lived in it for a year and then rented it out. it ca...
Ryan Keenan
Front end/ back end debt
will income from the owner occupied property that you are vacating and renting out be counted on front end debt or back end debt? Also a rental property that is NOT owner occupied is back end?Thanks!
Account Closed
Starter Home to Buy & Hold
Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $130,000
Cash invested: $582
3/1 single family residence that I purchased with the VA Home Loan as...