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31 August 2016 | 4 replies
I all I just getting started in BRRRR REI, in my latter part of my working life with not enough to carry me through retirement which is only a decade or two away. Right now I'm doing my research, looking at finance op...
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15 July 2016 | 9 replies
Even though she may be exhibiting the teen brain mentality (common in ages 15 - 25), you'll hold her accountable, and you'll help her education. :-)When a tenant makes life easier for me, I'm inclined to be more flexible.
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8 August 2016 | 10 replies
Australia for example implemented a larger tax for foreign investors and the results were not catastrophic.
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28 July 2016 | 1 reply
So I'm looking at a deal in my area and the agent hands me an exhibit with a bunch of HUD items on it.
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2 August 2016 | 8 replies
I am from Melbourne, Australia and need to set up an LLC for REI, Buying and Selling real estate in the US.
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10 November 2016 | 4 replies
The thing is I am from Australia and have only been legally in the country for 18 months.
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16 November 2016 | 5 replies
(a) Eligible Mortgages(i) Each Investment Property Mortgage must comply with Section 4203.4 (ii) Each Investment Property Mortgage must be an Accept Mortgage, an A-minus Mortgage or a Manually Underwritten Mortgage with a minimum Indicator Score as set forth in Exhibit 25, Mortgages with Risk Class and/or Minimum Indicator Score Requirements (iii) Mortgages with temporary subsidy buydowns are not eligible for delivery as Investment Property Mortgages (iv) Freddie Mac will purchase Investment Property Mortgages made to Borrowers who own more than one financed Investment Property, provided that the Investment Property Mortgage being sold to Freddie Mac is: ■ An eligible fixed-rate, level-payment Mortgage, or ■ A 7/1 or 10/1 ARM, and ■ Not an A-minus Mortgage(b) Special underwriting requirements An Investment Property Mortgage delivered to Freddie Mac must meet the following special underwriting requirements: (i) For newly constructed homes that are purchase transactions, the Borrower may not be affiliated with or related to the builder, developer or property seller (ii) Each Borrower individually and all Borrowers collectively must not own and/or be obligated on (e.g., Notes, land contracts and/or any other debt or obligation) more than six 1- to 4-unit financed properties, including the subject property and the Borrower’s Primary Residence.
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1 December 2016 | 6 replies
Looking for advice regarding landlord insurance which would cover: Rent default up to $5,000, plus associated legal costs up to $5,000Cover for loss of rent up to 12 months while your property's being repaired as a result of an incident Theft and attempted theft by tenantsMalicious damage or vandalism by tenantsI can get this cover for my investment properties in Australia, but cannot seem to find similar cover in the US. they all seem to give the same answer: "Vandalism and malicious mischief is a covered peril; However, it is excluded when it’s your tenant(s) that damage the property.
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9 December 2016 | 8 replies
I’m interested in US property, as they generally have considerably higher returns in comparison to Australia, however there are a number of issues specific to foreign buyers that need to be navigated around.
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2 December 2016 | 5 replies
I'm an investor from Australia and while I'm not sure if they could help you they certainly helped me!