David Rutledge
Existing rental properties count as debt or income for new loan?
3 April 2017 | 17 replies
@David RutledgeDavid Its up to the lending institution but they may also require cash reserves, more paper work, longer loan closings etc.
Christian Scalla
Commercial Loan PMI
30 March 2017 | 4 replies
Unless you go HUD 223 route where you can put down as low as 15% I believe but the financing costs, reserves and ongoing inspections make it a little more complicated.
Russell W.
FHA Loan holding costs
1 May 2022 | 2 replies
Or do I need to have the cash reserves to make mortgage payments out of pocket each month until the renovation is complete?
J.R. Gutierrez
House Hack in Denver
29 March 2017 | 13 replies
If you are serious, make sure they underwrite you (pull credit etc) and consider funds for down payment and reserves.
Isaac Plumb
Mortgage Question / Guidance / Advice
28 March 2017 | 6 replies
My broker has told me that I will be required to put 25% down and also also show proof of a 12 month mortgage reserve.
Ryne V.
How to proceed w potential lease option
26 April 2017 | 15 replies
The fee locks in their rental rate, purchase price, and reserves the property for them to have the option to buy so you cant sell it to someone else during the option term.
Jim Smith
Could I be blacklisted from air bnb?
1 April 2017 | 13 replies
If you can finish the job and honor the reservations, do it!
Preet Bains
Triplex Bay Area
29 January 2017 | 16 replies
Doesn't FHA require a certain amount of cash reserves for a triplex?
Sarah Byun
Small Loan
2 November 2016 | 0 replies
"Unfortunately we have confirmed that we have no investor that will approve a condo with a budget holding reserves of less than 10%.
Yong Choi
Short Term Vacation Rental - Hawaii
10 November 2016 | 6 replies
I checked my contract agreement and I did not find any mention of this reservation fee.