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14 December 2019 | 8 replies
Just the FNMA guidelines alone are over a thousand pages, not realistic to summarize in a single post, but I'll try to hit the big ones.Primary residence does count towards the limit, but if the subject property is a primary residence then it does not apply.25% is the standard for 2-4 unit investments, as low as 15% is OK for SFR, but the rates are uglier than even other investment property mortgages.
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20 December 2019 | 3 replies
So to summarize, there are pros and cons, but make sure you know what you are getting into by using a local property management company, and realtor that knows the neighborhoods.
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14 November 2017 | 2 replies
I summarized the House version of that Doc in a BP article last week.
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29 December 2017 | 3 replies
To Summarize current income 70k a year credit score over 750 for both, 0 debt for both.
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3 January 2018 | 8 replies
If I had to summarize; it is a potentially awesome no down payment mortgage product with stipulations.
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9 January 2018 | 15 replies
To summarize, a NNN lease is one where you, the landlord, can pass certain costs of property ownership on to your tenets as an additional expense on top of their base rent.
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4 January 2018 | 7 replies
To summarize, a NNN lease is one where you, the landlord, can pass certain costs of property ownership on to your tenets as an additional expense on top of their base rent.
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10 January 2018 | 23 replies
In NC, it's legal, but the previous AG who is now Governor felt it was anti-consumer, and the NC Real Estate Commission also did not take very kindly to assignments--I'm summarizing to add color commentary to the issue--you need to understand IN, assuming your property is local.The second point is to consider what's right.
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11 January 2018 | 4 replies
To summarize, I bought a property with inherited tenants and the third floor tenants are problematic.
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12 January 2018 | 0 replies
So, to summarize, remember that to do a complete multi-channel campaign your list must have email addresses.