Need some advice here:
- Primary residence was paid off (265k of equity)
- Purchased a 260k duplex for 227k and put 80k of our own cash into it and the rest from an interest only HELOC on primary residence.
- Duplex ...
It might sound stupid, but I'm beginner here.What exactly is house hacking? what makes it better than other strategies?Thanks!
I am looking at purchasing a duplex for 80k. I have 30k in equity on my primary residence. I am going to use this for the 20% down. This would be my second property. The lender I got my first mortgage through is sayin...
First time home buyer here! Is it a good idea to buy a property you intend on renting out BEFORE buying a primary residence for yourself? In this situation, I would continue to rent the townhome I’m living in and hope...
I'm planning on purchasing a property with low money down in early 2019 and using 203k financing to acquire and rehab it. I will move-in during the rehab (making it my primary residence), but ultimately, my goal is t...
Hello! I am going to give a quick run-down of my situation to see if what I want to do would be considered mortgage fraud or finessing the system
I bought property 1 in 2019 and lived in it for 1.5yrs. I fully rented...
One of the single hardest transitions with investing in rental properties is the ongoing maintenance side of the property. I am gonna touch on a few topics to keep in mind as you are navigating real estate investing ...
Hello fellow investors!!
I from Missouri and I live with my mother while starting to invest in real estate. I have one rental property. It has been tough trying to refinance this property the companies do not...
Hey BP,Wanted to bounce a scenario off the community to see if something was possible.So the scenario is investing in a vacation rental (duplex). Rent out one side and "live" in the other. I'll be there often but my j...
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...