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Results (10000)
David Waldy Primary to rental conversion - property tax snafu
15 July 2018 | 4 replies

Hey fam!

So we are discussing converting our primary to a rental. I just found out in the state of SC if you rent your home for a period of longer than 72 days, you are subject to the higher property tax rate for the...

Mark Belenky VA Loans and 1 Year Primary Residence
28 January 2020 | 7 replies

I'm trying to figure out if I could legally use a VA Loan to purchase a multifamily home that has all of their units occupied and keep the units occupied during the 1 year primary residence requirement.  Some of these...

Colin Williams Long term capital gains tax
24 March 2021 | 4 replies

I have a question about long term capital gains. My original basis in my primary residence was $230k. I refinanced at $600k with cash out. Is my basis still $230k or does it increase to the $600k? I'm trying to figure...

John El-khouri Mailing address for multiple properties
11 November 2023 | 5 replies

How do you handle receiving mail for multiple properties? Do you use a virtual mailbox or have everything from all properties ship to your primary home? What happens if you plan on buying and moving into a different p...

Michael Keane Should I Move into my Investment Property?
31 July 2019 | 4 replies

Hello Investors! I own and reside in a one-bedroom condo in Long Beach, NY. I want to use the equity I have in this unit to purchase another, comparable condo unit (either in my building or nearby), as a rental proper...

Evan Kaczor Investment Property or Home first??
30 August 2021 | 5 replies

Hello! I’m curious to hear people’s opinions so that I can accurately weigh my options.

I currently have enough cash to buy both a home and an investment property with conventional loans. I don’t have the greatest ...

Benjamin E. Residential HELOC's at risk?
13 March 2020 | 9 replies

Hey all. Just wondering what your thoughts are on lenders closing existing/open lines of credit, especially given what we are seeing with the markets. Anyone have experience with this from 2009?

Chris Risi Refi in Los Angeles- to Cash out or not?
22 December 2021 | 7 replies

Hey all, trying to decide between these two options. Anyone have any advice?
The interest rate for cash out is 3.875% Principal and interest payment $1,833.92 loan amount $390,000 cash out to you approximately $40,...

Allen Wu Lender recommending a 10 year fixed loan
28 May 2024 | 11 replies

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 ...

Dan Robinson Proceeds of sale of rental used to purchase primary residence
29 September 2016 | 1 reply

My wife and I own a rental (lived in for several years, but not recently). We'd like to sell it and use the proceeds to buy a new primary residence and then either convert our existing primary residence to a rental or...