All Forum Posts by: Zach Neff

Makes sense. Thank you. 

@AJ Shepard I have owned it for 3 years so it is tax free. I want to buy another house but the debt of this house $248k is messing up my DTI along with the inconsistent income. I am looking for a way to buy another house and keep this one.

@AJ Shepard so what I am understanding from you is that I need to sell my primary to really make any moves at this moment? 

My only concern is I am emotionally attached to the property. I know..I know..there is a rule of thumb to never get attached. 

If I want to keep this property I will need to move out and rent / Airbnb it but that is a really slow play as I build up my RE career. 

Am I understanding all of this correctly? Thanks so much guys for your inout by the way!

Hello everyone, 

I am a "get to the point" type of guy so here it goes. In 2016 I bought house in Scottsdale, AZ. My first home at $300k. Credit / Income - everything was on POINT! Now it's 2020 and this 268k purchase is now worth $550k AND I have my real estate license. 

I got my license right before the COVID because I love RE. I own a few business so credit and income are a rollercoaster HOWEVER. I now have 250k+  in equity in my home. I am ready for my next move and having my license I am ready to find my next Airbnb or Rental, or primary but I don't want to sell. 

I have a lot of lenders who are friends and they can't really get me approved for a Refi or Cash Out or a second mortgage until I sell more houses obviously. 

So finally my questions is - I want to be aggressive in the market and ready for my next move. What are my next options to where I don't have to sell my primary?