I have owned my primary residence for over 2 years now and have been toying with the idea of a HELOC in order to leverage those funds to invest in another real estate opportunity. The challenge I am having is that the...
My wife and I are thinking of selling our primary residence in 2-3 years. we live here for 20 years. If the market continues the way it is, we are looking at a $1mn gain in 2-3 years. if we sell today, our gain is ...
So in trying to get into renting in tn in a year when I move there. I want a nice house that I have some land to hunt and farm but my problem is when I first start me and my wife will have jobs but let's say we want a...
Hello guys, I purchased a townhouse last year and planning to take another property this year. Plan is to shift in new home as primary residence and make 1st home as rental. Already my DTI is 43% as per my gross month...
I'm still green around the ears but am preparing for my first rental property purchase this year. Assume for the sake of this conversation that all of my other finances are in order. I have been trying to process two ...
How much time do you have to live in a property to fulfill the requirement to live there for a mortgage? We have a house we're considering buying. It would be our primary residence. But we also have a camping/RV trail...
Hi everyone! Two quick questions,
I have a conventional loan on my primary residence and one on my first deal.
1. Does the loan on my primary count towards the 10 loans?
For my next few deals I'm using a portfolio l...
I'm a veteran and buy and hold landlord looking for a creative way to take advantage of the VA Home loan I have access to. I'm looking to speed up acquisition of a 2nd rental OR at the very least save some monthly cos...
Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so. The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and...
I refinanced my residence last year to get cash out to buy an investment property, so I have two closing costs: one for refinancing my residence to get money out, the other for buying the investment property. Could I ...