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Ok so i purchased my first SFH 2 years ago as my primary residence, put 5% down. Lived in it for 8 months and it's been a rental since. I purchased my 2nd SFH last year as a secondary primary residence, put 5% down an...
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BP, I'm partnering w/ two individuals to acquire our first 4-unit property in Northeast NJ. We've been discussing financing options, specifically looking at FHA (less equity but 1-year owner occupancy requirement) and...
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Say I meant to buy a house for my primary residence and told lender about it. The lender gives me a loan for conventional mortage with 20% down on primary residence (lower rate than when buying investment property) Bu...
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I am thinking about purchasing a home. Initially I thought about using it as a primary home however, now I am thinking about using it as a rental. Would the bank know I am using it as rental if I got the loan with ...
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Looking to buy a house upstate NY with a FHA loan and live there. I live on long island and run a landscape business here right now. Can i stay at my parents house on Long Island for some time in the spring/summer so...
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Have any of you come across FHA’s supposed rule that you can’t buy a 2-4 unit property if the unit you plan to owner occupy is significantly smaller than the residence you currently own or are moving from? What are th...
This article was born out of the need to answer our clients the common question, how do I get a Spanish residence as an investor? Here I provide a brief description of the most popular path used among our clients....
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Hi team,
I am currently house hacking and renting by the room (house 1). We are under contract on another house (house 2) that we will turn into our primary residence, eventually STR, and our current househack will j...
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Let's say that you house hack with a 3.5% FHA loan, but you don't stay in the house that often (once/week?), because you have another house in the area where your family lives. Is there any guidelines on exactly how o...
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I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property. I currently possess several properti...