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1 July 2024 | 9 replies
The good news is that Fannie Mae and Freddie Mac recently relaxed underwriting guidelines to allow for it.i recommend checking out Freddie Mac's Home Possible and Fannie Mae's HomeReady program.Outside of that, working with a mortgage broker can also help you shop around for lenders that allow for boarder income.Good luck!
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30 June 2024 | 4 replies
Make sure to shop your next one to the folks in this thread.
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1 July 2024 | 8 replies
I have also heard this works better in luxury properties since that type of guest doesn't want to go shopping etc., but the average person would just do it on their own.
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30 June 2024 | 4 replies
I would shop this out with a broker that could save you some money in the long term depending on how you are planning on keeping the property.
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30 June 2024 | 54 replies
We're more a boutique than behemoth shop, but still there's been a noticeable increase in calls.
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3 July 2024 | 40 replies
Just saying shop around first.America First
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1 July 2024 | 14 replies
You can also arrange to get the materials yourself and shop around for better pricing, which can help keep costs down.
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30 June 2024 | 7 replies
After spending less than $5000 for repairs (this was 44 years ago) I leased it out to an auto repair shop owner for $3,000 per month.
3 July 2024 | 20 replies
Somebody from NJ posted this in a separate thread about 21 days ago and I meant this thread to be a one-stop place to gather information on good wholesaling practices, so I am going to link to the thread I took it from and copy the text below. https://www.biggerpockets.com/forums/93/topics/1194082-5-tips-to-create-a-real-wholesaling-business-and-not-a-chop-shop?