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Results (10000)
Yoon Seokwoo rent out right after buying house for primary residence
8 November 2021 | 3 replies

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...

James Jones Purchasing second home
24 September 2020 | 3 replies

Hello, I am interested to hear what your opinions are on buying a second home. We currently live in our 3/2 home and are looking to purchase a second property to rent. Should we look to purchase our second property as...

Kristian L. Collateral as a private lender
16 January 2024 | 4 replies

Hi. Can anyone recommend a foreclosure attorney? - Some of the questions I have: As a PML, what is the difference if I get collateral in an investment property or a primary residence. I hear that it can be harder to f...

Bryan Blancke Investment Loan vs Primary Residence Loan
26 August 2015 | 4 replies

I dont understand the difference between conventional bank financing for a primary residence or an investment loan. How do rates differ? Are there more costs with an investment loan? Is it okay to rent out a primary r...

Kathryn K. Insolvency, 1099 debt forgiveness and future taxes
1 May 2012 | 2 replies

I have a co-worker who did a deed in lieu on a rental property and subsequently received a 1099 for the difference between what the bank sold it for and what she owed on it, which was 144K. In order to avoid huge ta...

Danny Celestin Conventional vs Non QM Rates
20 July 2024 | 15 replies

Hey BP Fam, two questions for you. 1st question; is there a huge difference in the rate for a conforming conventional loan for an investment property vs primary home? 2nd questions; I Just got pre approved for a non Q...

George Drexel Quadplex as primary residence however living at my other house (real primary)
22 March 2024 | 7 replies

Anyone have experience doing this? How does it work? Is it a headache or is there any type of legal issues with this method? I would love to start investing using little to no money down. However I don’t want to make ...

Daniel Ben-Hur Buying a home every 2 years, renting the previous home out, and repeating, good idea?
26 June 2024 | 32 replies

My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...

Kyle Crane Investment property vs second home
9 September 2022 | 7 replies

Looking to purchase our first property, but unsure how to classify it. I am intrigued by the idea of only having to put 10% down for a "second home"  and having more cash in hand for some upgrades etc, but are the tax...

Chris Welch Has anyone reverse house hacked for tax exempt capital gains ?
13 May 2020 | 6 replies

Hello all,I am currently 49 years old and have accumulated more than a dozen single family homes along with some other real estate and investments. I love real estate and it has really helped increase my net worth. I ...