Wayne Jordan
Telling Lender Primary Residence but Renting it Out
We're living rent free right now due to in-laws being very generous with their retirement home and allowing us to live in it. Our first house we're renting out for a nice income. We want to get a second rental home, a...
Matthew Ayala
AD Mil in Cali Trying to buy out of area in Southwest Florida
Good evening all! I am currently stationed in San Diego, California, though my home of record is in Southwest Florida. Was considering buying here but I came to the conclusion that real estate is expensive as hell in ...
Ryan Henriksen
Purchase and flip loan
Hi all! I’ve come across an off market deal that I would like to buy and flip…. I can acquire the property for $1,050,000 which will require approx. $50,000 in rehab, and current Comps are 1.5-1.6. I feel that I can h...
Varun Khatri
Seeking Feedback on Investment Property Strategy
Hello Investors and Real Estate Experts,
I hope this message finds you well. I'm reaching out to gather some insights and feedback on a strategy I'm considering for my first investment property. The current market co...
Dustin Boggs
Investment loan vs conventional
So i finally feel confident enough to jump into the world of investment and this happens. I went to my local credit union to apply for a mortgage. i told him that this was going to be my primary residence and possibly...
Gonzalo Diaz
Can I use my VA home loan to purchase a rental property?
Hello BP community, my name is Gonzalo and I'm currently an active duty Marine with 4 months left on contract. My goal for when I EAS is to own rental properties and I plan on starting small with a single family home....
Jacob Kurian
Newbie FHA Loan
Hi guys. I'm a new real estate investor just looking to get more knowledge on how FHA loans work. If somebody wants to get an FHA loan, then eventually turn that into a rental (short term or long term TBD), how would ...
Peter Morgan
Converting 1031 exchange to primary possible?
Hello,I am considering doing a 1031 exchange on an investment property that I have and would like to know if there is a possibility to convert it into a primary at a later time? What would be the tax consequences. App...
Cj McDougal
LA County Can I make my rental my primary residence?
Hi I have 2 properties in unincorporated LA County same city. I would like to scale down & move into my rental in order to refi it as OWNER OCCUPIED and take advantage of the low interest rates. I intend to rent ...
Alex Psichas
Condo Rental Policy - Looking for Advice
In looking at a recent condo, I noticed the renting policy reads: "No portion of any Unit (other than the entire Unit) shall be leased for any period." I intend to buy a 2 bedroom condo, which I will use as my primary...