Fe Kelly
Borrow from 401k?
So my husband and I have a little chunk of money in our 401k as well as some money saved. We plan to house hack our first purchase with the BRRRR method. Should we borrow from our 401k to make up the rest of the down ...
Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Account Closed
Senior Housing
Has anyone ventured in the area of senior housing? I've seen a few deals but I noticed the rents are restricted and most of the mortgages are assumable. Has anyone done any of these deals? Anything to look out for?
Michael McLean
Happiness: The overlooked real estate investment
So what ever happened to “the pursuit of happiness?”In 1776, Thomas Jefferson wrote, when crafting the Declaration of Independence, "We hold these truths to be self-evident, that all men are created equal, that they a...
Roy C.
Converting investment property to primary residence
Currently, I own a primary residence, and by this July, I will fulfill OO requirements provided by my lender. (I bought the house last year of July) I bought my primary residence with conventional loan with 3.5% down ...
Pamela Garrett
Selling Primary Residence "2 of 5" Rule Does Not Meet Criteria
Hello, I am seeking options regarding a Primary Residence that does not meet the "2 out of 5 year" criteria. My clients sold a home that they lived in for over 2 years and bought another Primary Residence in another s...
Logan M.
Major New Trends in Mobile Home Park Investing
1. Increased Institutional Investment: Large investment firms and private equity groups are recognizing the potential of mobile home parks as a stable asset class, driving up purchase prices. This is a predictable cas...
Vincent Martinez
Refinance or sell paid off rental property
I have a rental property that is paid off and I am wanting to pay off my primary residence which has a mortgage of $180,000. My question to the group is do I sell my rental property that is paid off and end up paying...
Jeremy Holden
Turnkey STR Mesa Arizona
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $512,200
Cash invested: $50,000
Airbnb in Mesa, Arizona
Dan V.
Tax Implication and Other Things to Consider
Me and my wife are planning to purchase her mom's house. She used to live in the house and now lives with us for about 2 years now so the property still qualifies as primary residence. She is open to seller financing ...