Amit Shetye
Umbrella Insurance Structure
As the title says I need help understanding umbrella insurance for my case. I have two properties 1st under my revocable family Trust and second which was my previous primary residence (Under Trust) now moved under an...
Account Closed
203k loan on Self Directed IRA
I am wanting to purchase a multifamily property in the near future. I am also interested In converting my Roth IRA to a self directed IRA. Is it possible to use a self directed IRA to purchase a property with a 203k l...
Nicholas Krieg
Trying to buy 1st primary residence and 1st rental property
Here is my situation:I currently rent my apartment, but am looking to purchase a primary residence as soon as one I like comes around. I’m also wanting to buy my first rental property and believe I have found one I’d ...
Antwan Smith
Question about funding deal with equity
Purchasing an investment home using Home equity loan obtained from my primary residence, does that give me clear title. If so could I open an equity line of credit with the newly purchased investment property.
Lars Andersson
primary residence to a rental shortly after a refinance
I just refinanced my primary residence (1 month ago) and I’m looking to buy a new home and convert my current primary residence to a rental (investment) property. I haven’t searched through my loan docs, but is it co...
Kurt Heggland
STR Owner must live within 75 miles of unit? Is this normal??
Hi BP!
The town where we have one of our STR is proposing an ordinance that the owner must reside within 75 miles of the rental OR have a contract with a 'resident agent' who must live within 25 miles of the rental!
...
Joseph Cornwell
First Time Investor Financing?
Hello Everyone!This is my first post on BP and I am hoping to get a question answered or perhaps some advice on a potential scenario. My backstory to this scenario, being that I have some capital for a down payment on...
Denise Breheny
Should I buy a retirement home and rent it until my retirement?
I am now 3.5 years away from retirement and know where I want to retire. I found a new townhome development with affordable pricing on new build home. The HOA pays exterior and grounds maintenance, which I feel is a...
Account Closed
Double Closing (Unique Situation, Maybe?)
Good Morning,
I am looking for advice on something. I turned a primary home into a rental last year as a way to jump back into the REI game. Since then, I was laid off, found a new job, and I have relocated...
Nathan Currier-Groh
Need cash, have 3 properties, which one to refi?
I'll try to provide the numbers you may need to help, but if I didn't just ask. This is not my strongest area in REI. I'd like a little more background knowledge before I talk to the bank.
Property loan information:
...