Can I get a heloc without an income (w-2s)? If so, who offers it? I only have rental income.
Is it possible to buy a home with money in your IRA and live in it or does it have to be an investment property?
Hello Everyone,After doing some research, I've learned that an individual is allowed to take out a maximum of $10,000 from your Self Directed IRA to purchase your first home without any penalties. Of course this would...
I took out a HELOC on my primary residence to buy a new home (for use as a new primary residence). I then converted the (old) primary residence to a rental property 8 days after I moved out. Would anyone happen to kno...
We we are moving, from Indianapolis to Asheville. Where we are:1. I have a good job that make 3-6k month. 2. My wife has a business that makes 1.5-3k month.3. 4 month old.4. I know lots of people who would loan mone...
Hey All,
Has anyone had any success with having their capital gains tax excluded upon sale of your property after living there for only 1.5 out of the last 5 years?
In Garrett Sutton's book, "Loopholes of Real Estat...
My wife and I closed on our first true investment property. It was a four-plex that we financed with a VA loan as a primary residence. We are looking for other avenues to invest in and have considered commercial prope...
I want to approach my landlord about purchasing his home prior to my lease ending. I would like to make it my primary home for a while, fix some things up while I’m in the house and then rent it later.(I want to do it...
Newbie RE Investor here!!
I am analyzing deals and had a question for a more seasoned investor about down payments. I have funds I could access through a HELOC on my primary residence to cover a down payment. I was...
Hello all,We currently own a 4 bed 2 bath primary residence that is valued at $425k. We would like to rent out our primary and buy a 2-4 unit multi-family owner occupy. I reached out to a lender and they stated that...