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Vasudev Kirs

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By Vasudev Kirs
| BiggerPockets Verified
PRO Members Get Full Access Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Open in Who Shared View Duplicates (355) Issue with article?

question about primary residence

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By Vasudev Kirs, Rob Howard
| BiggerPockets Verified
Our primary residence is currently inhabitable due to hail damage. We are looking at a new place to buy but our intent is to go back to our original primary residence after repairs which we dont know how long it will take due to insurance process. My question is, can we purchase a new property as primary residence but then not live there for one year?
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Help with LLC, purchasing, HELOC

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By Vasudev Kirs
| BiggerPockets Verified
I purchased an investment property under LLC and maintain its rental income in a business account. I am now at a point of purchasing another property and would like to use the rental income towards down payment. 1. Are there any lenders who can approve mortgage to an LLC? 2. Is it easy to apply for cashout refinance or HELOC if it is under LLC? 3. Does LLC complicate things?
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