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I have a condo in Santa Monica. I recently paid off the mortgage and will be working out of town on and off for the next year. Just wondering what it's like to rent out your primary residence for a year and then ret...
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Hi everyone! I am looking to purchase my first investment property for 100k. I called around and tried to get a pre-approval letter for financing but am having some issues.
I already have 1 primary residence which i...
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I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections. However, finding properties that would cash flow with a 20-25% down p...
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I was pre-approved for a conventional mortgage on a small home as my primary residence. I'm at the beginning of the process and am curious how long after purchase I have to use this house as my primary residence befor...
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Hello All,I know there are several posts here on BiggerPockets regarding treatment of primary residence vs. investment property but this question applies to my specific situation. We are looking to purchase a rehab, ...
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If you buy a rental and you profit say $250.00 a month or even just break even, does the mortgage count against your debt to income ratio or does the rent cancel out the mortgage payment? Thank you.
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If I get a owner occupancy loan and live there for 1 year, can I move out and get another owner occupancy loan?
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I'm currently in a situation where I can see there are a few different opportunities and I'm looking for some guidance or thoughts on what could be beneficial for me. I currently have a permanent residence where I hav...
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Hello all!New to real estate investing. Looking to turn my primary residence into a rental property and purchase a new primary residence for my family.For the new primary residence, I’ve read conflicting recommendatio...
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Hey folks,
My husband and I are trying to do a cash out refinance on my moms home which she has owned free and clear for over 10 years. This is her primary residence.
There is a mother in law suite we built which s...