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Results (10,000+)
Culver Bradbury Rental Property Expense Sheet
20 November 2024 | 1 reply
Do you guys use quick books or google doc sheets ?
Nolan Ring 3/3 lenders have no idea about FHA loans
21 November 2024 | 10 replies
Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.
Pinny T. seeking guidance, practical first steps for starting my real estate journey
20 November 2024 | 9 replies
It's the one thing that will take your from analysis paralysis to action because it's the only way to put the learning you've done from podcasts and books into real life - by talking with others who have done what you want to do or who are trying to do what you want to do.Get your finances set and talk to a lender so you know what you can afford.Stay local.
Ricky Hernandez First Time Home Buyer Inspection
20 November 2024 | 15 replies
@Ricky Hernandez As a Realtor with extensive experience, I typically guide buyers through the process.
Heidi Fahringer Interview Questions for Prospective REI Accountant
19 November 2024 | 8 replies
Are you doing your own sets of books?
Aditya Kohli How to find mid term rentals for 3Bed 2 bath property?
19 November 2024 | 19 replies
As @Allen Duan said 1-2 bedroom are the sweet spot for traveling nurses, but that being said we have a 4/2 that's stayed booked consistently.
Alexander Williams New member alert!
18 November 2024 | 9 replies
Does anyone have any good recommendations on books or accounts I can follow or read to learn more? 
Sharon Israel Best course and community for hands on experience
20 November 2024 | 6 replies
Not a course, but I recommend the book "Crushing it in Apartments and Commercial Real Estate" by Brian H Murray.
Julio Gonzalez Real Estate Grants
19 November 2024 | 6 replies
I have not yet written a book on this topic.
Kevin S. Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
21 November 2024 | 4 replies
We have one page on a 1000-page book on RE investment.