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All Forum Posts by: Crystal Wilson

Crystal Wilson has started 35 posts and replied 96 times.

Post: First rental I need help on screening and lease agreement

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

I finally bought my first condo! About 3 months ago, and remodeled it. I furnished it and tryed air bnbing it. Decided to just rent yearly. So i will rent it furnished. Im just not sure where to find an application to send to the renters or lease agreements. Let me know where i can download these. And any advice on the requirements. Thanks so much! Already posted to Zillow and got a couple inquiries today:D

Post: Question about getting my secound home loan

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

Ok thanks! So keeping my job might be the best way to do this. I wonder if i can use my income from airbnb also? Even though im not supposed to rent the house out in the first year? And would i need 2 years history of income from airbnb? 

Post: Question about getting my secound home loan

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

I know how i will get the money for the down payment. Just not sure on how i approve for another loan.  

Post: Question about getting my secound home loan

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

Hi! I just bought my first condo in Colorado Springs. Fha loan 3% down. Hud home. For 15,000 less than what its worth:D. Now im wondering how i get my second home loan. I realize it will be 20% down. Conventional loan? Or investment loan? Not sure what type it would be called. Im using it as a rental. And i will rent the one i have now.  Question is, to get approved for a loan what are the requirements? Do i still have to keep my same job/profession? I want to move citys or states. And ill probly get a pay cut if i get a new job, even in the same profession. Id like to change jobs and become a airbnb cleaner or somthing like that.     Sorry so long thank you!!!

Post: airbnb fha

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

Ok so maybe it will be safe to live in it and rent out the other room air bnb for a while to see how it goes. I realize i have to wait a year. So im affraid to just rent it out yearly right away. Im sure the loan documents i signed said no renting. Thank you guys, i wounder what happends if they find out, like to they take the loan away and forclose?

Post: airbnb fha

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

Colorado springs, first time home buyer, fha loan, airbnb,

Post: airbnb fha

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

Im nervous about renting my 2 bed 2 bath condo on airbnb. This is fha loan. A hud home\forclosed. I dont know if its legal. And if my neighbors will call the Hoa on me. Has anyone done this? Any info? Thank you

Post: bought my first rental property, need help with flooring

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

I live in denver, co. And bought my condo in Colorado Springs. I need cheap carpet or wood\lamonet. Maybe used or left over. Please let me know a connect. Thank you! So excited on my first property!!! Ahh

Post: closing on first home, missed some work, lender question, denver

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

About to close, under contract. Going to inspect saterday. Then sign papers.. The lender asked me to send last 30 day pay stubs and bank statement. I went to vegas a week ago for 5 days. So my last check will be short. By half.  Do you think this will hurt me getting the loan?

Post: question? loans, Colorado investing

Crystal WilsonPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 105
  • Votes 22

hi I am approved of $100,000 in Colorado and it's super hard to find the house with the FHA Loans only a couple pop up every month. I'm looking in Colorado Springs right now. But everytime I put an offer on a house a conventional loan gets it over my FHA .Loans.this is my first house that I'm buying and I'd like to buy another one next year and so on.I'm wondering if I were to just get a conventional loan instead if my next loan would have to be a 20% down I was hoping to get the FHA loan 3.5% and the next year get a conventional loan for 3% I'm not too sure how that works but I like to have his low percentage down payment as possible for the first couple houses can somebody explain and help me out thank you so much.