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28 January 2025 | 8 replies
Then any rental income you could obtain from that property could be used as an income source for loan pre-qualification.
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11 January 2025 | 13 replies
Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.
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28 January 2025 | 10 replies
Also, you didnt mention any financing costs, was this built with cash or do you roll that into your cost of construction?
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17 January 2025 | 12 replies
do you acquire these properties off the MLS ?
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29 January 2025 | 22 replies
Focus on understanding the rental market, conducting thorough property inspections, and leveraging owner-occupied financing options like FHA loans.
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26 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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28 January 2025 | 5 replies
One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.
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28 January 2025 | 1 reply
Historically, real estate markets perform best when the economy is stable, with steady mortgage rates and consistent demand for housing and commercial properties.
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29 January 2025 | 6 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
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27 January 2025 | 1 reply
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.