Hello fellow investors hope all is well, I recently purchased my first rental property/House hack (Will be my primary home ) . I purchased the property using a hard money loan under my llc (purchase price 80k , Rehab ...
I am currently in the process of looking for my best loan option as a first time real estate investor. I have poor to fair credit that I have been steadily improving in the range of 615-625 depending on what score you...
Hi BP community!
I'm looking for confirmation on whether the home needs to be your primary residence for the first home owner's $10,000 exemption to the 10% early withdrawal penalty? From reading the IRS rules, it l...
Hi All,
Since HELOCs are traditionally offered on primary residences, does anyone have any experience with credit unions that offer HELOCs on investment properties?
All comments are welcome!
Thanks in advance!
Hi Everyone!
I'm looking to complete an application for traditional bank lending this Saturday so I can start putting a deal together on some of the researched investment properties I've found. I hear about all these ...
Whenever I speak with a homeowner facing foreclosure, they always ask if I can help them get a loan to reinstate their mortgage. I understand why it's nearly impossible to find a lender for that particular situation....
All,I am hoping to get some feedback here w/ potential seller financing (I am the seller). I am a lawyer by trade and am generally not too good w/ understanding tax numbers, etc. I will try to keep it simple - any fee...
I'm looking to pull money out of a mortgage-less property and use the money for other real estate investments. What's the most cost effective and tax beneficial way to do this? How should I classify this property (pri...
Is it somehow possible to put 3.5- 5% down through a traditional loan with the bank if its not my primary residence?
ARE THERE ANY LOOPHOLES?
Hey all,
My name is Sean. I've been listening to the bigger pockets podcast for approx 3 years now, and was finally able to pull the trigger and finance my first multifamily property. The reason I am posting is beca...