I have two properties with about 250K in equity between the two. One is a single family home where I live with my family and the other is a rental two family home. We are in Westchester County NY which tends to be on ...
If I buy a secondary home in the mountains or at the beach with a 10% down loan for a second home am I allowed to rent this property out on Airbnb or VRBO? I’ve seen some places say as long as you stay there 14 days o...
Need help analyzing my first deal. It's in a c class neighborhood in Warren MI. Price 105,000 rent ready. 3 bed 1 bath, basement and garage. Expected rent 1200. Expected taxes 3200 (unbelievable to me!). It meets 1% b...
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
we are separated and want to purchase a smaller property than our current home. VA is denying due to the fact that i will be moving to a smaller home and thus their underwriting team thinks i want to buy it as an inve...
so if I intend on buy a 4 plex and claim it as owner occupied but work and rent in a separate town and just come back on the weekends. And I don't rent out my unite can it still be considered owner occupied if i get m...
This would be my first investment property. Here is the quick rundown; Renters beat it up a little bit (roughly 20k in repairs that I will do myself), mostly cosmetic and then quit paying their bills so the owners dec...
Hi all, I am new to this forum...currently we have one rental, we are moving out of primary residence to make that into 2nd rental and we are moving to our lake home. All of these properties are owned out right. We ...
Build my Portfolio - One step at a time - RE experts, please help wake me up if i am dreaming!!!Background: Credit scope 722, wife has better. Income is good (over $200k) with solid jobs. Have funds in the bank but wo...
Hello everyone,I am well into escrow with a 4plex house hack (primary residence) that I am doing. I got two quotes for homeowners insurance. One quote is nearly double the amount than the other quote. I asked the brok...