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Results (10000)
Anthony Bonacio FHA Loan Limitations on Renting Out Using AirBnB (personal unit)
2 November 2017 | 4 replies

During some late-night thinking, I thought of a question I'm assuming someone would have an answer to. So, if you buy your first investment property using an FHA loan, one of the requirements is that it is your primar...

Joseph Hoot accounting for personal 401k loan for 25% down on mortgage
29 November 2017 | 1 reply

Hi fellow BP'ers!We recently took a personal 401k loan and used part of it for a 25% down payment on a mortgage (assume $25k).  Additionally, we tacked on ~$6k in rehab costs to a personal credit card.With regards to ...

Pete Fiannaca What to disclose? Using a personal loan for Down payment...
7 June 2017 | 8 replies

Hey friends. I have sourced 3-4 private lenders (family and friends) who are willing to assist with property acquisition via private loans. This would not be for the whole price of the property, so I'm still utilizing...

Henry Bagh All Cash vs DSCR Loan / Personal Name vs Ohio LLC
5 September 2023 | 13 replies

Hello, I live in Los Angeles and I am pretty liquid. This is a two part question and I hope someone can guide me in the right direction. 1) I am looking to buy Single Family Homes in Cleveland, OH to rent to Section 8...

Riley Hoffman Paying off Personal Home Loan or Saving for RE Investing
7 March 2023 | 2 replies

I am not sure this is the best place to put this discussion, but here we go. My question is would it be better to pay down my home loan on my personal home or save that money for real estate investing? The plan would ...

Anthony Richards Getting a mortgage on properties purchased on a personal loan?
5 May 2019 | 7 replies

My friend owns about 7 properties in Rochester, NY that he purchased through a variety of personal loans.To my understanding, he can’t refinance his properties (or can he?) because he doesn’t have a conventional loan ...

Dillon M. Leonard $25K Personal Loan to Finance & Rehab 2 SFH Properties
4 March 2018 | 6 replies

Hi! Im a new wanna-be investor and have been researching financing options and properties for about 6 months now. Ive read several books on general finance and investing in real estate and Im looking to finally pull t...

Darius Falahkhir Issues with transfer property loan from personal to an entity??
4 April 2016 | 2 replies

Hi all!In my readings regarding entities, I'm curious if there are any issues that can occur while transferring a property that is in your personal name into an entity. More specifically, if you have financed a rental...

Josh Gardere Is personal loan deductible if it’s used for house repairs?
19 January 2022 | 9 replies

One of my properties has been hit with some code violations since it’s a pretty old house. Approximately 50-70k will be needed to get it up to code. If I were to get a personal loan to pay for the these home repairs, ...

Raju Balakrishnan Navigating the Fannie Mae's HomeStyle Renovation Loan: A Personal Jorney
29 January 2024 | 2 replies

Introduction
When it comes to home renovations, the financial aspect can often be the most challenging hurdle. In my quest to find a solution for my own home improvement project, I stumbled upon Fannie Mae's HomeStyl...