Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
I also use the CRMs built in email to send out 8-10k emails spaced out through a couple of days.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Or are all these tenants they've been placing non section 8 tenants?
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
Yes I am looking at Ocala, FL due to the fact that the properties they selling are non-HOA.
Kyle Kline
Short Note Investing
28 January 2025 | 7 replies
With current interest rates, and they are at least 1% higher with potentially additional points for non owner occupied property, it is hard to find properties that will allow for positive cash flow after paying the mortgage, if you are looking for money for the down payment from a private lender, those are normally at higher than market and I am not sure it would be possible to pay it off.... please remember you need to take into account that you may not have a tenant for a certain amount of time, a tenant may stop paying rent, or you will have a big ticket item to fix, so I would wait if I were you and save to have enough for the down payment and closing costs and perhaps some money set aside for repairs. you also want to make sure that you have your own emergency fund outside of the money needed for the investment property because life happens ....
Esther Iroko
Tenants not paying rent
1 February 2025 | 23 replies
Wanting to evict them are a tenant is late for a week or waiting months of non-payment to start the eviction process.
Salvador Diaz
Top 6 tips for house hacking
10 January 2025 | 6 replies
These are non-standard setups.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Sara Salinaro
Best Resources For Commercial Real Estate Rookies
5 January 2025 | 6 replies
I’d love to hear about your vision and share ideas as we both grow in this space.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
Also many other Counties in non-covered States also include it.