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28 September 2021 | 5 replies
You are eligible for a traditional mortgage (these offer the most advantageous rates and terms as they are backed by investors) as long as you meet the requirements below:-You have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN); and-You have current, verified status, which may be documented by a valid employment authorization document (EAD), or other documentation showing immigration status is current (e.g., Green Card, work visa, etc.).If you do not meet those requirements, then you will have to find someone who offers private loans.
15 September 2021 | 2 replies
I would keep buying 2-4 units until you max out your DTI and then switch to looking at larger units as well (take advantage of the low interest loans while you can and build a track record for commercial lenders).
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17 September 2021 | 3 replies
There are several advantages to SFRs.
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16 September 2021 | 5 replies
This is a great place to learn and to meet people so take advantage of all the great resources.Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investingLots of luck.
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19 November 2021 | 2 replies
There's also the large mortgage payment you'd need to be able to float if the property sits empty for a month or two.The advantage to the high price market is you can invest a large amount of capital in one investment which mean less maintenance/tenant management.
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20 September 2021 | 10 replies
This is a great place to learn and to meet people so take advantage of all the great resources.Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investingLots of luck.
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21 September 2021 | 9 replies
Their clientele seemed to be mostly local schools and patients.Of course, if that's the case, having two properties right across the street wouldn't be advantageous if nobody needs them.So, I called the center's director and asked her..."
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16 September 2021 | 4 replies
@Jason Wray when I moved from the first house, my girlfriend at the time (now wife) and I bought a primary with VA but down 20% so we could take advantage of the low rates.
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16 September 2021 | 11 replies
There are some advantages and disadvantages and TX may be different than NC.
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16 September 2021 | 2 replies
Real estate is a long term game, so timing a purchase for the Spring or Summer may be less advantageous than say buying in the Winter.