I’m Interested to know if anyone has used a HELOC from a home in a trust to purchase an additional property?

Lenders want you to stay in the home for atlesat 14 daysAccountsnts will want you to stay for less than 14 daysBoth conflict with the other. 

Hey Trace, great questions—and after doing this for 20 years, owning close to 40 properties (a mix of long-term and short-term), and buying my first 10 homes pretty much the same way you’re thinking, I can say your strategy is solid.

My group and I work with buyers in Florida and every deal is different for coverage costs.Many factors are considered such as location & proximity to coastline, construction type and materials, roof type, age / condition, home age and condition, home value and rebuilding cost. 

A lot of midwest markets have cheaper homes.

Are you thinking about buying a home, but not sure if now’s the right time?

My son asked me for input on buying a home in Hampton, GA, and I don’t know much about the area.  

Hey BP community,

I’m new to real estate investing and currently exploring different entry points. Lately, I’ve been diving into bank-owned (REO) and auction properties—mostly because of the lower upfront costs a...

For example, if you're moving across the country you may not want a long distance rental, or maybe instead you'd buy a house with an extra bedroom, or closer to the highway, or whatever.Keep in mind if you've lived in your home 2 of the last 5 years you don't get taxed on the first 250K profit, not gross amount, per person when you sell, meaning 500K for a married couple.

But if it's more passive, those benefits may be limited.I’d definitely talk with a lender who understands investment strategies — I just helped a client who bought their primary home first, which made it easier to qualify for their investment purchase later.