Taking out conventional loan with 5% down for my second house claiming it will be my primary residence. I have all intention to move to that house after closing, but I am just wondering what happens if I just remained...
I'm trying to figure out if I could legally use a VA Loan to purchase a multifamily home that has all of their units occupied and keep the units occupied during the 1 year primary residence requirement. Some of these...
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
I own a house and its currently on conventional load and it's on my sole. My wife is not part of the loan.I am planning to buy a 2nd and vacation home (80 miles away) from the primary residence.I would like to use the...
I have about $5-7k saved up that I would be willing to invest in a deal. However, I have about $25-30k that I could tap into via a 401K loan that I would be paying back to myself. Looking to put this money into a smal...
Is there any way to change the Occupancy clause after a refinance? We purchased a Triplex in Salt Lake City, UT in January of 2017 on an FHA loan, put some sweat equity in it over the course of a year and refinanced o...
Hello BP members, We (two partners) are planning to purchase a cash flowing rental property under an LLC. From what I understand, LLC can be elected to be treated as 1. disregarded entity/partnership for pass through...
Without a divorce, legal separation agreement, or child support order etc, a husband will buy the wife off the mortgage, have her sign a quitclaim deed on the property. She now has no ownership interest, is not listed...
Hey Guys, Im located in huntington beach, and opened up escrow on a great triplex that I will occupy. My biggest hurdle is figuring out if I should do a construction loan on it or conventional non qm with today's rate...
Hey Everyone,I have heard it said on the podcasts before that the reason you are required to live in a house hack for at least a year is because that is how long it would take you to qualify for another mortgage to go...