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I have a Heloc in my primary residence, which I want to convert it to a rental and buy an other primary. Would the bank ask me to payoff the Heloc, since they will receive a new insurance and I will loss my homestead ...
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Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
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Greetings AllI’m ready to start my portfolio with rental properties. I currently reside in California, so I’m I interested in oos investing. I’ve been looking in Austin TX, Cleveland OH and Detroit MI. What other citi...
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OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
I have finally started. Did loan app today for a cash out refi (~30K). But I don't know what would be a better option with the money.Option 1: Build a Garage with a 2BR apartment on my primary residence property. Simi...
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I've been investing in RE since I was 19 I am 27 now up to this point all of my primary residences have been a fixer upper that I have either sold or turned into a rental. Now my wife and I have started our family and...
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I am currently a real estate investor and I have a roommate from college who is a resident of Germany who wants to get into purchasing real estate in the united states with me. I would like to create a partnership wit...
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So If I purchase a home as my primary residence with all 100% honest intent to live in it. Mortgage laws say that I intent to inhabit the property as my primary residence. However, what if I have to relocate to anothe...
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Ok everyone brace yourself on this one as it will be a long story. I am simply looking to advice I have a previous post where I outlined some of the details there. I rented my house out as of September 1st, 2018 and...
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I am currently in a very high interest hard money mortgage that balloons in September 2025. Our house is assessed at 415000 and the mortgage is 269000 and not declining because everything goes to interest, taxes, and ...