Is it recommended to refinance a home to purchase a rental property but continue to live in home with new rates?

Hello-All the local banks I have spoken to are offering 5yr fixed/20-25 year amortization loans for multifamily loans with an LLC as the purchaser.  Purchase price 250-500k.  Anyone know of any banks that are offering...

I have two options with a bank on loan terms that I am deciding on.

1) 15 year AM, 3 year balloon at 6% interest.

2) 15 Year AM, complete 15 year term with resets every 3 year at prime rate + 2.75%.

I am fine with ...

So I saw a 4-unit property during my quad-plex search.  I got all excited when I saw one has an assumable loan.  But I don't know what the right questions are to ask.  I sent an email to the given realtor on the prope...

Hey all,

So my situation is I am in a 5/1 Arm at 2.75%. My family friend mortgage broker said he can get me a 30year fixed at 4% or so and 80% LTV and my payments would come out the same. He also mentioned he would ...

How is everyone handling when a tenant moves out and has their smart phone connected to the Nest thermostat? My understanding is doing a hard reset on the thermostat factory resets it so the next tenant can connect to...

We're renovating a house right now that we will keep as a rental. I noticed that there is a garage door opener and am wondering how I should approach the use of it when it comes time to rent. 
Is there a legal liabil...

I was a commercial banker for over 20 years. I see some posts on here that are either against, adverse or just highlighting trepidation's about using commercial financing for residential deals. I'd like to demystify...

Hi, fellow STR investors and managersA friend reached out and asked me to help manage her 20 STRs recently. A third of the portfolio are 2 hours away. I am currently managing 8 of mine myself and can handle them ok. B...

I have a rental available August 1st. I have someone interested and qualified to rent, but they probably will only need it for about 60 days. I usually require a 2 year lease. Would you even bother with this? He is wi...