Jamie Nason
Bought Lake House. Looking to buy another, need advice!
19 November 2024 | 1 reply
Jamie,You can buy the other lake home using a 15% down investment program or DSCR.
Shannon F.
ALE Solutions Preferred Landlord Program
12 November 2024 | 1 reply
For those who have gotten insurance claim renters using Ale Solutions I'm curious how many have paid for the Preferred Landlord Program vs just registering your property for free.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
On the property side you need to find a nationwide program, plus the maintenance program.If you didn’t salt the sidewalk or didn’t let me rent because I’m Serbo Croatian.
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
20 November 2024 | 13 replies
There are DSCR 5-8 unit programs that have 30 year fixed rate terms for DSCR 1 ratios.
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.
Scott Blevins
Section 8 investing
21 November 2024 | 18 replies
Hi Jack, I live in D.C and looking to invest in MARYLAND to enter the SECTION 8 program, would it be ok if i contact you directly?
Julie Muse
W 10th St Transformation: From Crowley Fixer-Upper to a Stunning Sell!
20 November 2024 | 0 replies
Financing was streamlined through Partner Driven’s program, covering both the $50,000 purchase price and the $35,000 renovation budget.
Shibu Thomas
renting out a basement apartment.
20 November 2024 | 18 replies
There are a ton of illegal basement apartments all around Hudson County--maybe 10-15 years ago there was a program (at least in Union City) where many of these apartments were made legal, I think partly as a way for the city to generate revenue, and partly as a way for the city to have some oversight, since people were renting these apartments out regardless of their legality.
Sharon Israel
Best course and community for hands on experience
20 November 2024 | 6 replies
I recommend The Multifamily Mastery Program.
Cody Weiss
Blockchain & Real Estate
15 November 2024 | 25 replies
I'm a web developer/ real estate investor and I just started playing with Dapps, is anyone else working on similar application?