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27 February 2024 | 10 replies
There's really not enough info here for a direct answer, BUT lenders counting income from rentals is an overlay, not a regulation.
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28 February 2024 | 10 replies
Man, I know I can always count on your unfiltered opinion, James!
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27 February 2024 | 3 replies
@Noah EhlerGo work for a multifamily developerThat’s what I did and underwrite I don’t know how many deals - too many to count
27 February 2024 | 11 replies
Qualifying for REPS can be tricky, and not all hours count.
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27 February 2024 | 6 replies
I'm just more concerned about tenant/landlord laws.What I am really trying to figure out is if he does leave on the 29th but never gave the keys over, can I still legally enter and change the locks or does this not count as legally getting possession back of the house because he never gave the keys?
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27 February 2024 | 14 replies
I would caution someone not to count on the high rents though; it is great while it lasts but when analyzing be sure to use non-O&G rents.
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27 February 2024 | 3 replies
A sub to deal does severely limit the seller's ability to purchase a new home as it does leave the debt in the DTI for some time and is not counted only if the above conditions are met.
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26 February 2024 | 3 replies
1/5 ~ you are using bedroom count, what is the square footage difference?
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26 February 2024 | 3 replies
After 50 trips and counting, you'll be grateful.
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26 February 2024 | 16 replies
If you are planning to buy a rental property while renting an apartment, lenders will have to count both of it as a liability.