Christopher Theder
1031 Exchange into Duplex to Owner Occupy.
I am attempting to house hack and move into a duplex to reduce our out of pocket per month. Should go from 1100-500. So I have a duplex I am actively selling. I have owned it for about 15yrs. Equity is about 60k. ...
Janet Gonzales
How to turn primary residence into passive income. $285K in eqty
Bought my primary resident in 2015, currently have $285K in equity and would like to turn into passive income. Not sure where to start.
Marc M.
Looking for a lending advice for primary residence/house hack
Hey BP,I'm in a little bit of a pickle and could use some advice. I have been searching for months for a primary residence for myself, which has turned out to be a challenge due to the competitive market I'm in (Wash...
Jimmy Wilson
Hard money to VA loan for primary residence
A friend of mine asked me a question regarding buying a distressed property, using hard money to pick up the house and rehab it, and then if it was possible to use his VA loan for this property as it would be his prim...
Kathy Moser
Solo LLC question for new investor
Hi Amazing Investors! I am in the process of negotiating an installment sale contract for 3 houses, one of which will be my primary residence. The houses are not currently mortgagable but those issues are resolvable...
Monte Blunk
Cash out Refi to buy new properties question
My wife and I are (44 & 49 yo) have been looking into increasing our rental portfolio using the BRRRR method to help fund our retirement and hopefully help to gain financial independence from her W2 job. Over the...
Naseem Razek
FHA requirement question
Hello all, This is my first time posting here so please excuse me if I'm missing anything. I currently have a conventional mortgage 7/6ARM. I am looking to rent that single family home and purchase a multifamily prope...
Helene Goodworth
Another potential deal that I am trying to figure out
ok guys and gals. I learned my lesson from the last one. I was missing a lot of data. This time I decided to make my own spreadsheet instead of using someone else's. It is moderately detailed. The grey areas are the a...
Jeff L.
Do investment mortgages typically have higher rates than primary residence?
I'm a first time investor looking at SFRs, and I'm noticing that the rates I get for "investment properties" (rates in the high 4%s) are higher than rates I would get if I were buying a primary residence that I'd live...
Allen Wu
Lender recommending a 10 year fixed loan
Hello,Curious. I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years). Why are lenders pushing this? I wanted a 30 year that will cost 0.50% more but lenders all pushing me ...