Joe Vigurs
HELOC to purchase additional rental or pay down current one?
Looking for the best option.
Have HELOC on primary residence (50K).
Rental property breaks even (gets $1750/mo.Used to be primary residence).
Owe 240K on rental. Valued at 275k (FHA loan with PMI fixed in).
Do I a...
Elram Raguan
In whice ways i can get funding about my house ?
I have a single family house in Florida that has been bought in cash, And now there are tenant there.Now I want to refinance the house and get funding to buy another house. (I don't have credit score and I'm not a US ...
Alex Kouvatsos
Can I rent a bedroom in unit I'm occupying with FHA loan?
Hey guys, I'm new to the RE world and looking to invest in a duplex in my area. I'm planning on using an FHA loan and need to occupy one of the units for 1 year. Is it legal for me to rent out one of the bedrooms to h...
Michael B.
Principle mortgage after ten investments?
I've been sitting on nine investment mortgages for a while now because I was holding my 10th mortgage for a primary residence. After reading over the Fannie guidelines (https://www.fanniemae.com/content/guide/selling...
Mona Hall McKenzie
Veteran Needs Help Refinancing Loans
Hi Everyone! I have a client who has two loans (conventional/non-VA) and needs to quickly refinance them to stop foreclosure. He wants to use his VA loan entitlement but has a really low credit score (under 520). D...
NA NA
how do I confirm if a tenant is owed relocation assistance
If I own or am buying a house in Los Angeles that is not covered under the RSO (rent stabilization ordinance) do I still have to pay the assistance fee? are all homes built before 1978 covered under the RSO, even if i...
Scott Jensen
Live-In BRRRR Strategy
BRRRR Clarification Question:If I buy a house for cash, live in it during the rehab as my primary residence, then refinance (as an investment property) and rent the property out...What is the minimum length of time I ...
Andrew Roberts
First Time Investor
Investment Info:Single-family residence buy & hold investment in Hutto.
Purchase price: $189,000 Cash invested: $3,000This is a single family home in a residential neighborhood outside of Austin, TX.
3 b...
John Wood
Homestead exemption question
I currently receive a homestead exemption on my home.
We will be renting this residence starting January 1st. Am I able to retain this exemption on a rental?
My understanding is no. However I’ve also read that you ...
Thomas Ayers
investment property down payment %
How do I put down 3% instead of 15 to 20% for an investment property without it being my primary residence?