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13 January 2025 | 11 replies
One area can show great signs but literally cross the railroad tracks and it’s a different world.Be aware of these types of physical delineation.If you are getting no demand from qualified applicants then I would say it’s not in a margin of a gentrifying neighborhood.
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27 January 2025 | 4 replies
Research ways to use your education to help you qualify for a loan (did you know that some lenders allow college credits that translate directly to the line of work the graduate pursues to count towards work experience, accelerating the borrower's opportunity to get approved for a mortgage?).
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4 February 2025 | 17 replies
Now, I'm not an attorney, so I'm basically mansplaining something that I am not qualified to comment on.
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13 January 2025 | 3 replies
That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.
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27 January 2025 | 15 replies
Roof, floors, bathrooms and vanities, paint, appliances. same market rent as above.I'm open to Atlanta opportunities.I would qualify both as BRRRRs.
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15 January 2025 | 2 replies
The National Association of Realtors.That said, I will not be signing an Exclusive Right to Represent as an established real estate investor, and I’m honestly a little annoyed to be asked.I also realize this may qualify for Reddit’s AITAH channel.
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9 January 2025 | 32 replies
The thing I'm trying to figure out is how to properly qualify as a RE Prof.
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7 January 2025 | 4 replies
.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean?
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14 January 2025 | 3 replies
When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.
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7 February 2025 | 12 replies
Only your half of the gain qualifies.