Patrick H.
Mortgage, HELOC or HEL? For extra cash for investing.
For a property that does not have a mortgage, what is the best way to get cash out for investing purposes, whether it is for another property purchase or putting the money in the stock market.
A HELOC or HEL is pos...
Elton John
Is this good insurance coverage or should I add umbrella too ?
Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...
Jesus Shuttleworth
VA Refinance + 95% HELOC + NOO LOC
First post. I need some help. The intent here is to purchase a new primary residence. I currently have 2 VA loans. One on a property in Colorado, another on a property in Washington.Colorado: 130M balance, 3.375%,...
Derek Hamilton
Bigger Pockets members I want your opinion
BP me and my wife have an investment property that we could potentially make 300 cash flow monthly after operating cost. We’re paying 2000 monthly in rent. My wife and I are tired of paying someone’s else’s mortgage b...
Vincent Z.
Converting primary residence to rental
I currently have a primary residence that I am planning to rent out. I am planning on buying a new 2nd property which I will owner-occupy once I close on it. I will not qualify for both mortgages at the same time due ...
Dozar Real
5% conventional or Fha 3.5%
Hi , everyone how many 5% conventional loan or fha loan can I have at a time for multi units property on "primary residence " and how can i use this strategy to scale ,i.e buying property every year to aq...
Carolyn Morales
Tax strategy for paid off investment properties
What should we expect tax season if we paid off investment property this year, and how can we minimize the tax bill on the income of paid off rentals?
Nick R.
Does length of time at an address affect loan your loan rates
I'm planning on selling my townhouse and have lived there for 1 1/2 years. After I sell the townhouse, I'll be living with a friend of mine for anywhere from 3 months to a year until I buy my primary again. Will livin...
Christopher Boyle
To all the Married people - Am I screwing myself?
For all of you who are married (or soon to be), how are you handling your finances with your spouse? Keep totally separate accounts, merge everything, or make a stand-alone new joint account? My original thought was...