Zach Grigg
HELOC on Primary Residence
My wife and I have set a goal to obtain our first rental property in 2022 (focusing on small multi-family or potential short-term rentals). We are working through our strategies, or 'war plan' as we call it, and I'm w...
Oliver Lazaro
HELOC on primary residence
Hello everyone, I'm in the process of looking to get a HELOC on my primary residence. If I do get one, but then I decide to move out within the next couple months after and turn in into a rental...can the bank call th...
Chad Erickson
HELOC on primary residence
Hello BP, does anyone have experience/advice using a HELOC on their primary residence to acquire a small multi family property or any investment property? I figured with having equity in my home, it would be a good ti...
Jessica Seppo
HELOC on Primary Residence
Hi Guys!Question in regards my primary residence HELOC. My husband and I recently got the HELOC and plan to rent out our home and move. Technically would our HELOC close once we apply for a mortgage through a new lend...
Brittnee Burns
Capital Gains - Primary Residence
Hello!My husband purchased a home in July 2022 in Kentucky. He has utilized as his primary residence since then. I moved in after we got married in October 2023. He will be getting orders (active duty military) and...
Seyi A.
Sale/Leaseback personal residence
Hi BP,I've been considering selling my personal residence to free up some liquidity and then leasing it back for some period of time (say, 6-12 months). Would I be correct in thinking that to an investor, this would ...
Joseph Bramante
Resident Retention Program Ideas
Hey BiggerPockets members,Looking for some input from the larger property owners (100+ units) on what, if any, resident retention programs they have in place. Currently we have none but were toying with the idea of gi...
Richard Mahn
Converting residence to SFR?
I'm going to be moving out of our home soon and trying to decide between selling or keeping my house as a rental. I'm currently about 2 years into a 30 year mortgage at 4% fixed. The market value of the house is about...
Erika M.
Primary residence to Rental
HelloI have an FHA mortgage on my primary residence. I have owned and occupied this single-family home for 2.5 years, and mortgage payments are current etc.I am relocating soon (but not purchasing a new property) and...
Briana Bean
First Flip - Primary Residence
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $93,000
Cash invested: $10,000
Sale price: $147,500
This was a live-in flip. We stayed in it 2 years to avoid c...