Have a semi complicated scenario I can't quite find the answer to. Managing member of an LLC that owns investment property (with a silent partner's equity). Would it be possible for the LLC to sell the investment pr...
Here’s the skinny:I am a veteran with a VA loan for a fourplex in which I reside in one of the units. I have lived here for three years, meeting the 2/5 year requirement for Section 121 Exemption. I am considering the...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $800,000
Cash invested: $200,000
Primary residence buy and hold. We purchased in 2019 in an amazing neighborhood wi...
I recently purchased a property with a va primary residence loan. Love the house. Although, to my surprise i have been offered a job opportunity that i thought i had lost out on. It requires me to have residence in th...
I'm looking to rent out my current home and finance a new primary residence. Can a lender use future rental income determined by an appraisal to potentially cover the previous mortgage? I have heard two different thin...
I may be purchasing a new primary residence with my remaining VA loan entitlement. I just received my COE and it shows the first property (now a rental) purchased with a VA loan is using $90,083 of my entitlement. I l...
Does anyone know what LTV you need to do a cash out refinance on an owner occupied home? Trying to determine the maximum I could take out even if I have to pay PMI.As an alternative, do helocs allow higher LTV?Thinki...
Hi fellow investors/home owners,Has anyone gone through the process of legalizing your existing unpermitted ADU? I'm currently just getting started on my ADU (purchased as is.) The Amnesty team said I can't go through...
Hello everyone,Getting my down payment, closing costs, and cash reserves lined up for my first investment property come January.But today I read that lenders also want to see six months of cash reserves available for ...
Hello BP Community,
I live in the Bay Area, CA and own a couple of rental properties. A couple of years back I bought a 0.5 acre land with cash for Multi-family construction. At this point in time, I am trying to fig...