I need some help figure out the best way to do this while not taking the Tax hit and losing the equity we al ready have. What we own currently:Rental property in CO with only a HELOC with a minimal balance. Capital ga...
First time investor getting my first rental property. Here's some context:
-The unit is a 2 bedroom, 1 bath for approx $115k in Chicago
-My goal is to rent it out, not live in it
-This will be my first mortgage (I'...
Hey everyone I had a question regarding the capabilities of the VA loan, mainly its limit. I have used the VA loan twice now, once for a house at roughly 153k and another for around 164k. I understand that the limit i...
I am planning to buy a few rentals prior to buying my primary residence. To anyone who has done this, my question is this: what issues did you face when you went to finance your primary home?
I have a primary residence I am seeking a Heloc on. I also have rental properties that do not yet have 2 years worth of income. The banks and local credit unions I have reached out to will not approve me for a Heloc...
This may be the type of question a few of you may call me an idiot for asking, but give me some slack here, this is my first ever investment property. I have been searching around Bigger Pockets and asking friends/co...
Given that I live in a horrible location for local investing (i.e. Brooklyn) my wife and I are moving forward with the strategy of out-of-state, turnkey investing. While we haven't made our first purchase yet, we have...
I just bought a property for 80k used hard money for the purchase have one year to pay back the lender it's my first investment property need as much information as possible on how to refi cash out the house was purch...
Do banks approve loans for rental properties without having a primary residence? Been searching online and nothing is really clear.
Some context. Selling my primary residence to travel but want to take advantage of t...