I am wondering if I were to buy a duplex with a conventional "owner occupy 1-4 family" loan, and I do not end up moving in but instead I rent the unit out, what would the ramifications be if any? Can they call the loa...
This is about the best place I can find, and here is my question. Once I open my Solo 401k, can anyone recommend a bank or brokerage house to open an account? I have a desire to invest in the stock market, with the ...
We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 70K (2 years worth) total in taxes because we are self employe...
I am a new to the game of real estate investing and I'm streamlining my newly purchased investment home. I'm struggling to make a decision (also maybe struggling from analysis paralysis) because the new lender will re...
Hi all, I'm a new investor working on my first deal. I am going with USDA funding and I am at a point where they want to send the HUD appraiser out. Since I've already had the home inspection, I have a laundry list of...
I have a question about getting a HELOC loan. Is there any restrictions as to what I can get a HELOC for? I want to get cash via a HELOC to buy stock. Before I go through the process, can this be done?
Hi, I'm looking for banks/lenders who would do a $400,000 improvement/construction loan in the Los Angeles area. This is for adding another level on an existing duplex. I called First Republic and our loan amount is b...
I'm currently in the process of doing a cash out refi on my primary, and plan to use the proceeds to purchase more rentals. I am planning on counting the loan as a loan not secured by my home per IRS publication 936. ...
Mortgage on my rental question: on my loan disclosure I have a box checked that says “your loan does not have a demand feature”. What does that mean?I called my lender and asked them if they would allow me to transfer...
VASP opens up March 1st 2024, days away. I warned creative people not to touch VA loans. You might be in a bind now that the VA may make them whole.