Bennett Steinle
I own my house outright, are there any beneficial lending options available to me?
I currently own my house, no mortgage payment whatsoever. Just utilities.I'm looking into purchasing a second property, probably a short term rental, and I was wondering if there are any financing options available to...
David Cunha
Scaling with Assumable loans
Has anyone scaled through assumable loans? Ideally, if it’s a FHA assumable loan the property has to be your primary residence for a year. Then you’re free to rent it out. So if every year I would buy an assumable rat...
Samson Ger
Airbnb home insurance in canada
Hello, I'm from Canada and struggling to find a good home insurance provider for my STR. I have found a couple but they want me to insure my primary as well as the rental. The provider I'm currently with isn't able to...
Jack B.
2/5 year rule for primary converted to rental
As I understand it, if you live in the house for 2 years out of the last five before you sold, you get to avoid capital gains tax, so long as you bought as a primary residence, but the IRS doesn't care if it's the fir...
Luke Massaro
Primary residence turned rental: Hold and 1031 in future or sell
Hello All,Long time lurker, first time poster. I became a land lord in 2015 when I converted my primary residence into a rental property after living in the condo for two years. Property is located in Evergreen, CO a...
Austin Bull
primary residence qualifications...?
Hey all,I'm planning on using a primary residence loan on my first SFH or small multi-family house-hack; most likely an FHA loan. BUT..I am wondering what constitutes a primary residence?-Can I live there part time an...
John Geer
Cash back refinance on paid home for investment property?
Dear all,Wanted your input on cash back refinance. My primary house is paid off, value ~300K in current market, maybe more. I have a 2nd property that I am leasing out, which is making positive cash flow ~$500/month. ...
Charlie Miner
Short Term Rental with Owner Occupied Loan
I'm looking to purchase a duplex with an owner occupied loan and rent out one half while claiming the other half as my primary residence. I say this as I would be looking to airbnb my unit ideally 2-3 nights a week. A...
Nathaniel Epps
FHA Assumable Loan Success
Hi everyone, this is my first post, so if I'm asking this question in the wrong area, my early apologies. I'm looking to purchase my first property, and I've been searching for properties with FHA Assumable loans. I d...
Darian Gore
Advice on structuring partnership / LLC
Hello! I'm currently entering a partnership between myself and 2 other individuals. I'm trying to decide how to structure either an LLC or partnership. Essentially it breaks down as 3 partners, one provides sweat equi...