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20 December 2024 | 6 replies
Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage.
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17 December 2024 | 19 replies
Liked the location and was curious why the property had no interior pictures.
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19 December 2024 | 82 replies
We live in this nice house because I'm covering some of the mortgage expense with the income from the house hack.
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31 December 2024 | 76 replies
Do searches on questions you might have before posting it to see if it has been covered.
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19 December 2024 | 6 replies
With that said, here are some questions I would ask myself about the situation: Historically, have the students paid enough in the 9 months to cover all the expenses associated with these properties?
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19 December 2024 | 13 replies
The buyer would need to show solid financials also of course (good credit, experience operating rentals, proof of funds for down payment and adequate reserves to cover any unexpected cap ex).
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21 December 2024 | 14 replies
Lenders typically look at the rental income of the property to determine if it covers the loan payments.
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18 December 2024 | 9 replies
You may want to look at concessions to help cover costs or buy down your rate to a comfortable payment.
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16 December 2024 | 6 replies
Use a reputable expert like @Dave Foster and you’ll be covered.