Jamie Derasmo
Use a HELOC for down payment/renovations?
Has anyone in here used a HELOC to use as down payment to acquire a new property or to complete the renovations? Pros/cons? I have a good amount of equity in my primary house and recently bought my first investment pr...
Cameron Pendergraft
Hard money for Primary Residence?
Has anyone ever used a hard money lender to purchase a primary residence through a cash sale and then refi'd the hard money lender out a few months down the road with traditional financing? Any ideas are appreciated.C...
Scott Simpson
Primary residence turned into rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $675,000
1925 single-family home was renovated (flip) prior to us purchasing it as our primary-residence. It's located ...
Estela Perry
My first investment
Investment Info:
Single-family residence fix & flip investment in Lake Forest.
Purchase price: $181,500
Cash invested: $11,000
Sale price: $525,000
First purchase was a 1300 sq ft. townhome, ...
Account Closed
Refinance from abroad
Hi there, new to Bigger Pockets. We are American citizens living abroad who are trying to refinance our US investment property. Running into same issues from various lenders including the bank that has our home loan: ...
Jonah Kolsrud
First Investment Property (not a homerun but a base hit)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $241,000
Cash invested: $15,000
There were no reasonable duplexes or triplexes on the market so we made our own. Th...
Jim Klapmust
Pooling personally owned assets into LLC
I am working on a plan to work with my two brothers to collaborate on a property investing portfolio. Here is the scenario and questions I have about how to manage this process successfully.I own four SFR. One of my...
Tessa Malmgren
House Hack- Our first Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
We turned our former residence into our first rental! We bought our home in 2010, lived in it until Sept 2018....
Tyrell D Bradshaw
Funding a duplex house hack
Can private money lenders lend on owner occupied properties? I know that hard money lenders can't and I'm looking to avoid having to use an FHA loan on a duplex property I'm interested in house hacking. What are my op...
Yaicha Bryan
question about owner-occupied financing for a MFR
We bought our first SFR in May and are now doing a house hack - renting out the basement. We have an owner occupied mortgage on the property, and from my understanding, we have live in the property for one year before...