Michael McCarthy
Sweep strategy with HELOC?
I have two rentals that I bought in the last year, both purchased under a HELOC. I just refinanced one. After reading @davevanhorns email mentioned paying down mortgages with sweep accounts. I can't find much informa...
Jared Schweiss
Refinancing 4 unit Primary into Invesment
Hello All,I recently bought and moved into a quadplex 4 months ago. After renovating and renting three of the units (while living in the 4th unit), I am wanting to refinance to pull out some equity and lower the inter...
Ryan VanPatten
When can I use rental income for a new loan?
Hi,I have a townhome that I live in and rent additional rooms. Can I use this income as part of my income when I apply for another loan? I bought it in Augusut 2012, so the two year mark is right around the corner.I...
Lee Austin
Limitations with VA loans
BP,There seems to be no clear, concise information regarding VA loans and more “case by case” scenarios that allow for turning your current home into a rental income property and using another VA loan to purchase your...
Ayo O.
Capital gains tax question here
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...
Thomas Pellegrino
First Time Investing- Effects on DTI
Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...
Timothy Frazier
Capital gains question for primary residence
My current home is a single family house in my name and with mortgage debt in my name in PA. I have lived in this property for several years and due to the appreciation in my area over that time as well as the upgrade...
Cole Payton
DSCR or HELOC?
A DSCR loan or HELOC for purchasing another mid-term rental? How does a DSCR loan work? Do they base it on my current rental property or primary residence?
Shemar Royal
FHA Loan for House Hack in NY
I’m looking to do my first house hack in New York. I’m really interested in Brooklyn but I’m open to other areas. I’m hoping to be within an hour or so of the city with good access to the subway. Looking for any advis...
Jon Fox
Savannah vacation rental properties
We moved to the Savannah area (from Wilmington, NC) and wanted to buy a house/condo downtown to rent out and be able to use occasionally . I recently found that the property has to have the Short Term rental Certific...