Is the interest rate for an investment property DIFFERENT from Primary Residence?Background: I am a first time home buyer. I have great credit (800's). I have a mortgage lender who was referred to me by my realtor. ...
We are currently living in a primary residence that we closed on in May 2022 and moved into June 24th 2022.Our primary home mortgage stipulates under occupancy clause: that we move into the house within 60 days of clo...
I have a house in Irving Texas. I owe about $160,000.00. Zillow has its value at $303,000.00.I know I can't rely solely on Zillow, but I feel it gives me a range (+ or -).My question may is would it be possible to do ...
Hey everone
As mentioned I do have a rental property that I actually live in the basement myself(saving as much as I can). reading the forums everyone is mentioning having and LLC for the rental property an...
Hi Minnesota, I am wondering where you all have found the best value on insurance. My rental property is in st cloud, value around 140k, 1910, roof newer than 8 years and I just got a quote for 900/year. My gut tel...
Hi everyone, my first post on this forum. I'm hoping that someone here can offer some advice on a rather uncommon situation.I'm an Aussie passport holder with a non-immigrant b1/b2 US visa, so in simple terms I'm a fo...
Hi everyone,As the title states, I am looking to purchase a 2nd home that could either be used as a new primary residence or a buy/hold rental. My main concern is working around VA occupancy rules. Ideally, the 2nd ho...
Have a tax related question about capital gain tax exclusion for primary residence (which was converted to rental in 3 years). Year 1: Primary ResidenceYear 2-4: Rentalyear 5: Primary ResidenceIn this situation, I do ...
Hi! Thank you for everyone here that is generous in helping out. I have zero knowledge in REI and no background but have been recently very interested in learning about this area. I have been lurking out trying to rea...