Hi all - I hope to start my REI journey with a house hack in Nashville (live in basement/smaller space with separate entrance, Airbnb primary living space). I've been told that it will be difficult to find a property...
So I've been searching and haven't found much around the topic of assuming another person's mortgage. I have a friend who is moving and originally purchased his property with a Standard FHA loan. I'm attempting to a...
Hello all, I have a property in DFW that I have a hm loan on. Due to a serious of misfortunate events I am in default now. I owe my lender about 8k. Right now my debt is sitting at around 154k (8k outstanding intere...
Hello everyone. I'm very new at REI. In fact, I have not purchased my first investment property because I dont have the funds. I do have about $150k equity in my primary home. I applied for a HELOC through a major b...
Hello Members, I would like to ask for your experiences/stories/advice on HELOCs. We have 2 rentals with a large amount of equity and a cash out refi on one of them fell through b/c the property is no longer our prima...
Hi all! New to REI here, so any input or feedback is very appreciated! I currently have a 3.75% 30 fixed mortgage on my primary home, and looking to dive into my first investment property. I'm looking into multifamily...
I'm working on two real estate deals and was pre-approved for both (a Single Family Home (SFH) and duplex). I've gotten appraisals on one property and inspections passed underwriter final review on the SFH. On the d...
If I use up my 10 conventional Fannie Mae/Freddie Mac loans for investment properties, does that mean I can't get a conventional loan for a primary residence?
Hi everyone.I have been lurking here for quite a bit and I am ready to dive into buying my first rental property. I am in a thankful situation where i recently finished school and have a steady income of 250k annually...
If I have a TSP account and my plan is to use it for real estate, would it be smarter to use a traditional account vs a Roth account? The goal is to hold long term rentals, so if I’m transferring the value and not pla...