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I've owned my primary home in Charlotte, NC, for seven years using an FHA loan this June. I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH. Can I utilize this st...
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Hi Everyone,I have a few questions regarding the purchase of a primary. Let me start out by laying out my current situation.In April of 2017 I purchase my first primary residence in the metro Detroit area. I have been...
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Hi all,
I purchased a duplex 8 months ago with 5% down primary resident conventional financing. Property is in Dallas. Purchase price was $500k. I rent one side and intend to rent my side when I move out.
Today, I ...
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I reside in NY where I have my primary home and have (3) rentals in SC. I recently applied for a HELOC's on my primary residence in NY and(2) of my out of state rentals via TD Bank and was denied on all (3) due to deb...
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Hello everyone,
We, my wife & I, have a primary property that we have lived in for 18 months. We will be selling our home and our net profit will be tax free due to our primary property.
We also just sold our...
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I have been following the forum for info for a while, but this is my first time posting. I tried finding a answer to this question online, but don't really get anything.I own 2 properties. One is a rental so the tax s...
I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...
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Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so. The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and...
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Hi. I have a rental that I'd like to turn into my primary. NOT to avoid capital gains and then sell it after a couple years. This would be turning it into a primary and living there probably the rest of my life.So my ...
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Hey everyone. I've followed BP for years but have become serious more recently. I've read multiple books and through some of the forums and blogs. I'm considering doing a short term rental (duplex) in the Playa Del Re...