If you assume a VA or FHA loan is it required to be a primary residence? Has anyone actually assumed a loan for a SFR rental?
Hey there bigger pockets. I have been investing for a few years and have built a modest portfolio in that time. I have stumbled into an interesting situation and am looking for feedback from anyone that might have be...
Would like to get a few opinions on how others select a lender for a primary/ principal home. I usually have pretty specific goals for an investment loan. However, I'm going to be buying a new primary home soon - not ...
hey :wave: ...newbie here. maybe this has already been asked but I wanted to know if others have run into this before. Do lenders view you different depending on what you are using the HELOC for? for example, someone ...
I have rental income from my primary residence which I use as a STR, since we live overseas. In talking with my current accountant, I am concerned I am missing key items in my tax filing strategy including:1-Rental in...
Hello everyone, I am new here and had a question. I was wondering if in my case, can I 1031 exchange my first property I bought 2 years ago that I now rent? And as a follow up question, I was wondering if yes, can you...
Banks have different terms for their HELOC lending for primary residence versus investment, giving more borrowing power and a lower interest rate on the primary residence. Let's say I get a HELOC on my primary residen...
I've been trying to understand what opportunities there would be to find a lender that would be willing to take a second position on my primary residence in order to finance an investment opportunity. I've been workin...
Hi...My bank that I currently have an equity line of credit with rejected my request this time because I have more than 4 properties now. Does anybody know if any bank can offer this type of loan if you have more th...
Hi,
I'm a first-time homebuyer. I'm planning to buy two properties -- one primary and one secondary. I'm splitting the capital between these two properties with 20% down each.
Since my primary home is new construct...