Soo Y.
Playbook for Foreclosure with Owner Holding Over in House
A couple of questions for those who dabble in sheriff sales and foreclosures:1. What is your playbook when the existing owner still lives in the house after you win at auction?2. If you do cash for keys, how much do y...
Phil B.
Form an LLC to buy into an existing multifamily property?
Myself and my partner currently own a multifamily property. We own the building in an LLC that we are equal partners on. We formed a second LLC in WY as our holding company for future deals. We are buying a 50% intere...
Jose Quinones
Analysis Paralysis Help: Househacking with my VA or a line of credit?
In the market to house hack. Looking for suggestions. Torn between using my VA loan or use my investment property below to help fund my deal.
Been losing deals left and right due to the owner occupied rule with VA.
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Justin Berman
Condo Owner Financing Letter Input
Hello everyone, I am finally ready to make the jump into the real estate game!Some background info, I am Pediatric Dentist who finished school around August of last year. Currently I live out in the Valley of Southern...
Tyler D.
Two questions about the VA loan
I have a VA loan, looking to house hack, and have a couple of questions.1) Is there an occupancy requirement for the VA loan? I plan to buy a fourplex and live in one unit. If I leave, do I then need to convert it to ...
Derrick Casson
5% Down Conventional Loan on a Condo
Hey guys, I have a quick question regarding the conventional loan as a way to finance my first property. In my last post I mentioned house hacking and wanting to build a portfolio with a HFA loan starting out. It wa...
Justin Waller
Primary residence requirements
I understand the basics requirements of creating a primary residence but dont see clarity on what actually constitutes the majority of the year spent there. Are there specific guidelines that specify "majority" equals...
Alexander Lubczyk
Duplex Owner Occupied where other side's rent is low
I'm interested in moving into my first owned property however, i have noticed the selling price for many of the duplexes in my area run higher than the total rent income from both sides being filled out. I intend to f...
Jonathan Taylor
How to get an adopted tenant out in CA
Hi BP folks,I got my approval and am actively bidding in Los Angles for my first property. Most properties I come across have tenants in place and since I'm house hacking, at least one vacant unit is written into my b...
Elliot Marszalek
exit strategies for buy and hold
I remember Brandon mentioning in one of the podcasts that it's important to have multiple exit strategies for your deals. My question is how important is it to have these exit strategies assuming you're a buy and hold...