Austin Minor
Need help figuring out how to get funding. Move to LLC??
Hey everyone,
My wife and I want to move to a new area (4th baby on the way and need more space!). We have 3 properties: our current primary residence + 2 rental properties. The 2 rentals are new (less than 1 year) a...
Conner Hitchcock
NOVA and DMV Thoughts
Hey all,I am a new investor and current business owner! I am getting ready to rent out my first property (townhome) by the end of August in the NOVA area (sterling). I originally bought it as a primary residence but...
Account Closed
Rental strategy advise needed
Hello everybody I’m new to this and I would want some help any advices are welcome.I recently bought a house as a primary ( for tax reasons) even though I’m staying at my wife’s house. I’m remodeling -renovating the h...
Anand Uppor
Rental to Primary
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
Andrew Threet
Cash out refi without having to look at DTI
Does anyone know of any small credit unions or any lenders in general, who are willing to do a cash out refi on a primary without having to look at DTI? I am currently between jobs so I've been having trouble finding ...
Eric Petersen
Good reasons to give lender for another 5% loan
Hey my fellow cool people. I've got a dilemma that I hope the good people of the forums can help me work through.I bought a townhome 1 year ago that I lived in but also I rented 3 rooms out to individuals as well. I b...
Isiah Ferguson
I want more rental properties but wife want a SFH ?
Hello, BP.Me and my wife currently have 2 properties free and clear.1 Townhouse and a duplex. We live in the townhouse and currently renting the duplex. Personally, I want to refi both properties and take the cash and...
Dmitri L.
Cash-out refi issues in TX
Hi All,I have a TX rental (~250k market value, ~80k loan balance) and want to pull some cash out of the equity via a cash-out refi/heloc/2nd mortgage. Unfortunately it looks like there's some rule against the combinat...
Anna Markowski
2nd Loan/Purchase Fast
I recently purchased my first building, a 4 unit that I live in, in Chicago with a Fannie loan at 5% down. A part of the building is going through a renovation and that triggered some old mental health issues with a m...
Account Closed
Live in BRRRR
Hey crew, looking to buy a townhouse to live in & remodel then move out & rent it out. I believe the rule in Canada is if you put 5% down you must stay in a residence for at least one year before moving out to...