12 December 2024 | 2 replies
I did not disclose any mold issues as I believed it was taken care of.
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10 December 2024 | 7 replies
Does it need enough work that it will not pass a conventional mortgage appraisal, thereby limiting yourself to cash buyers?
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9 December 2024 | 16 replies
Fannie/Freddie now require 12 months of seasoning for a conventional cash out refi in order to use the appraised value.
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9 December 2024 | 0 replies
Conventional Loan How did you add value to the deal?
12 December 2024 | 4 replies
Either way, ensure you have reserves and run the numbers carefully to set yourself up for long-term success.Good luck!
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13 December 2024 | 10 replies
These are very risk gambles that should only be attempted with money you don't really care about.
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16 December 2024 | 18 replies
It’s not uncommon to rent by the room to individuals, but it requires some careful management.
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11 December 2024 | 8 replies
For almost any kind of permanent rental/investment property financing (whether Conventional, DSCR, or local bank), you are going to need a decent credit score to qualify.
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12 December 2024 | 6 replies
Kiyana, you should be very careful because it looks like you are trying to commit loan fraud which could ruin your investing career.
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15 December 2024 | 13 replies
I cannot qualify for traditional conventional for multiple reasons but the over 200 to 1 debt to income ratio is a primary reason.