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Hello,Anyone here own and live in a duplex/triplex/quadruplex?Looking for the prevailing wisdom on doing something like this and how much it skews the 50% rule kinds of guidelines. Any blog posts, podcasts, etc? Just ...
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I'm wondering what might be my best approach for accessing equity and using it to finance another property.
Setup:
I purchased a SFR as my primary residence and still own the property/pay the mortgage every month.
I...
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Hi, thank you for reading this,I have a low performing STR, on which I have incurred losses in 2023. From this Dennis Karlton video: https://www.youtube.com/watch?v=yfz6kyw3W7k&t=692s; I've taken away that:1. Loss...
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Hello BP San Diego! My name is Brian and I’m an active duty Marine Corps Officer. I’ll be stationed in SD for 4 years beginning in Jan 2020. I’d like to buy a 3 bed, 2 bath property with enough yard space to add an AD...
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So I just purchased a property where the HOA Bylaws were giving to me beforehand but I discovered there was amendment restricting renting that was left out that I only found out about after closing. Upon further resea...
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Hey everyone!
Was hoping to get some advice on this house I just purchased. I'm considering joining the 1st floor of the house with the basement and calling it a duplex. I know that in NJ you can't technically have...
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Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
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Hell Bigger Pockets Fam, I am wondering if it is legal to sell an investment property that I am currently under my personal name to my LLC via a DSCR loan. This would transfer title to my LLC and allow me to technica...
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Is it legal for syndicates to solicit for investors on FB? I thought you weren't allowed to market your fund publicly?
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Hello,I am looking at purchasing my first rental property in the Cleveland area. I currently live in San Diego and can’t go conventional route until I get a W2.Can I get a DSCR loan if I have never owned a home in the...