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Wondering what people’s personal experiences/thoughts are with turning their primary residence into a LT rental property! I know there’s emotional side to it seeing it’s a lot of people’s first home purchase. Me being...
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Hey all! I bought a primary residence about 10 months ago. After rehabbing the property, I've gained about $100k in value. Because I don't want to wait until the two year mark to sell (to avoid the capital gains tax),...
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General question... if a homeowner wanted to purchase another home as a personal residence and keep their current one as a rental, how does the mortgage approval process work for the second home? I assume since there...
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(I'm copying this over from the buying/selling forum)I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft manufactured home, basically a double-wide trailer, that has very dated decor, drop ceiling, and i...
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Hi, my name is Hector, originally from South Florida but currently reside in Northern California because it's one of the best places to work as an RN. I own a home in Miami, and I'm currently in the process of closing...
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I have been listening to Brandon Turner's books on my drive to and from work and rental properties interest me. I came across what I think seems like a good deal on a 3 bdrm 2 bath manufactured home on a .22 acre plot...
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We are ready and looking to buy our first rental property, but are also considering moving to another primary residence in the near future now that home prices are decreasing slightly. Is it possible to do both?We bou...
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Hey all,I am buying a house outside of Waco TX in my daughters name so she can get in state tuition. The plan was to buy a cheap house and sell it and carry the paper so I wouldn’t have the headache of being an out of...
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Hi all! Thanks in advance for any input! =)
I recently completed a cash out refi to successfully pull all of my funds out of a LTR property for my 2nd completed BRRRR. Now I am contemplating what to do with the fund...
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Why does David Greene push a cash-out refinance with the BRRRR strategy?Why not an “H” for the 3rd letter as in HELOC?Why won’t a HELOC work? Is a HELOC not as good as cash? And why does everyone recommend taking a ...