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8 June 2024 | 24 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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7 June 2024 | 2 replies
Does anyone know where I can find a good document to use to write one up?
7 June 2024 | 3 replies
Hi Joseph, You would need a 2 year seasoning period to qualify for a government loan (FHA) and a longer period for conventional unless you had a documented hardship situation, such as medical illness, etc where the loan can underwritten manually.
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6 June 2024 | 1 reply
Every bank and lender does have its own set of terms and agreements and it may not hurt to ask or read your closing documents.
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6 June 2024 | 7 replies
Typically you'll have an occupancy clause in your loan documents stating you must occupy the property as your primary residence within 60 days of signing your closing documents, and must continue to live there for at least one year.
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7 June 2024 | 4 replies
We’re on the same page about wanting everything well-documented and on paper to protect both of us and maintain a business relationship.
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6 June 2024 | 5 replies
A young man has been very successful and continues to document his arbitrage journey on the thread he started.Best of luck as you look to begin your STR journey!
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6 June 2024 | 1 reply
If the property is rented, examine the current lease documents, rent roll and rental payment history over the last 12 months.
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5 June 2024 | 2 replies
@Jacob W.It’s the same as every other transaction - trustee will execute the documents
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7 June 2024 | 16 replies
This is probably the best document from a county entity that I have found in GA for tax sales.