Hello all, I am in the process of refinancing my primary residence to use the equity for an investment property and I was wondering what is the typical equity required, on your primary residence, to be able and secur...
Good Evening BP, I have a question about resident managers in New York State. I was reading The book on Managing Rental Properties by Brandon and Heather Tuner and they stated (pg 181) that a resident manager is requi...
Hey everyone, my name is Walker, I just got started here on BP, I’m working to educate myself on REI in northeast Ohio, I’m open to other markets, but I’m acquainting myself with areas I know, and hopefully, I can acc...
My husband and I bought our first SFH in November 2017 in Socal with the VA loan. I understand we have to live in it as a primary residence for at least one year but are there limitations with actually living in the h...
Scenario:I sell my house on owner financing for 200k with a 40K deposit. Would the new buyer be getting a loan for 200k or 160k?Help with this would be great.
I have a primary residence at this time. I am planning to buy another house to move into the new house and then sell the existing house. So If I move to the new house and stay there for two years, would that be consid...
My wife and I are waiting for our new construction condo to be finished. We bought when there was nothing in the neighborhood. So our base price was 210k and we put about 30k worth of options in it. Condo prices now a...
Reading another post got me thinking about this again.
For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you residen...
Hello:
New at this and I have a question regarding the sale of my personal residence. We live in a small community about 35 miles west of Aurora, Illinois. In July, 2006, my wife and I refinanced and took a second m...
I am working overseas and thinking about buying a house for my father to live in. It looks like if I want to buy, since I am now classified as a non-resident, I would be looking at a minimum 35% down payment. Just won...