Kenneth Burke
Is it dangerous to mix business-personal finances with LLC ?
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business accoun...
Nicholas Blaylock
Looking to start flipping homes
Good afternoon everyone,My wife and I are looking to pursue our journey towards financial freedom. We currently live in a one-bedroom apartment with a baby on the way. We're looking to move into a home early next spri...
Koi Turner
VA Irrrl Occupancy Requirements
Requesting any useful information regarding the VA Home Loan occupancy requirement. I am located in Austin, TX and will be a first time home buyer. From my understanding, the VA Home Loan has guidelines stating the re...
Emily Simmons
Best financing options for crazy income situation & down payment requirements
So I have 1099 income, business income, and unearned income from two different sources. It doesn't add up to a ton, but it's livable. My credit is over 750, and I've owned my home for close to 20 years, and have a goo...
Andrew Thomas Vedder
[Texas] Can I live in a 5 unit commercial MFH?
Hello all. I've come across a 5 unit 1 bed 1 bath property that is commercially zoned. I spoke to lenders to try to acquire a loan on it but they said I cannot purchase a 5 unit+ and live in it as my primary residence...
Alex S.
Second home or an investment property?
I see a big difference in the mortgage rate in my state for Second home (3.25%) vs Investment property (4.25%) loan products. While I own a primary residence, I want to purchase another downtown condo (not that far fr...
Shirley McLean
Looking for HELOC in Texas
I will need to get a HELOC very soon to do renovations on a house that has 100% equity (paid in full). How do I find a good lender with the best rates? The property is in Northeast Texas and I am self employed so taxe...
Alexander Cabrera
15yr or 30 yr?? But big delta in interest rates...
Hello.I've got a primary home 30yr loan at 3.95% of which $253k is left. $1272 PI, plus a 15yr HEL at $57k. $511 PI. Home is worth $420k so plenty of equity to refinance if we choose to.I have the opportunity for a pr...
Chuck A.
Evaluate Financing
Hi,Trying to evaluate my financing offer from my bank and also sharing a bit my experience if it helps others.1) I am working with a local bank and seems that getting a loan with the property in my personal name is ea...
Alex Smith
Interested in House Hacking but Limited Multifamily Options
I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...