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Results (6868)
Viral Jhayyy Im confused on the 1 year rule
6 November 2023 | 15 replies

So with the new conventional loan coming next month and the fha loan which is already in place they both require you to  live in your house hack for 1 year before renting or moving out . So the question is if I have ...

Rogelio Martinez I have a question on REI loans that I need clarification on
28 August 2017 | 2 replies

Hello everyone I tried posting this before but I guess it didn't get payed so I'll try again. I'm looking to invest in real estate in the near future with my brother as my 50/50 partner and had a question that hopeful...

Steven Anderson Lot purchased to build personal residence but later sold
24 December 2017 | 3 replies

In 2016 we bought a lot to build our personal residence. In 2017, we decided to build elsewhere and bought a different lot. We now have a contract to sell the original lot and it will close in January 2018 for 34% mo...

David W. Looking at assuming a VA Mortgage
19 November 2015 | 6 replies

I am looking at assuming a mortgage. The house is not on the market but in a very good area. The owner owes 87k; they paid about 97k for the home. The home needs about 5k worth of work put into it. It has new hvac, ne...

Account Closed Live in BRRRR
9 April 2023 | 2 replies

Hey crew, looking to buy a townhouse to live in & remodel then move out & rent it out. I believe the rule in Canada is if you put 5% down you must stay in a residence for at least one year before moving out to...

Kevin Lisewski Using 1031 for both rental AND vacation home
21 July 2020 | 6 replies

My lender is telling me 4 days out from closing that I can't use 1031 funds to buy a vacation home. Is that valid?I sold a rental in March, and used over half the 1031 value to buy another rental, and planned to use t...

Matthew Hille FHA to Conventional Loan
15 February 2016 | 7 replies

I purchased a duplex in Minneapolis with a FHA loan June of 2015 that I owner-occupy.  I've had an appraisal recently and have hit 80% LTV and since rates are still low I've been thinking about refinancing into a conv...

Eugene Chin Seeking Financing for Low Down Payment.
25 July 2023 | 9 replies

I am starting out and would like to purchase a property with as little down as possible.  Currently looking at residential properties up to 4 units.  Outside of VA loans (of which I am not a veteran) and first-time ho...

Kerry Drake LLC holding primary residence?
13 July 2017 | 19 replies

I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...

Rebecca Stumpf Just refinanced, Now Want to Turn Primary Res Into a Rental
12 August 2020 | 0 replies

Hi there! I just closed on refinancing my primary residence that I have lived in since 2016. One of the things I signed in the documents is that I intend to keep the property as my primary residence. To be specific, i...