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23 February 2018 | 17 replies
Both rented and positive cash flow.Subject Property: Traditional detached SF property in NJPurchase amt 410k10% down (don't have funds to do 20% unfortunately)While I am confident in my mtge guy, for prudent measure I wanted to check w/ the BP community to confirm the following..Freddie: 'My income is too high' (Can certainly give figures, but not sure how to break it down.. 2017 salary + bonus; Rental income, 2018 salary formally approved and documented, but not effective until July; and 2018 bonus (which I have received already)FNMA: 'To get a second FNMA mtge, I need to put down 20%' (which I would like to do, but cannot come up with an extra 41k)FHA: 'My only option' (with the 1.75% upfront PMI and monthly PMI for life of the loan).
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22 February 2018 | 3 replies
MS Project is pretty standard but pricey or you can download free templates for Excel from their website that are surprisingly professional and helpful.
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22 February 2018 | 5 replies
There are no beds, or TV I use the computer to research properties, check email and enter details in my excel that has property information I may play some free cell from tome to time
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22 February 2018 | 0 replies
Another year another opportunity for where one might receive applications from Independent Contractor (gig) workers.Does ANYONE have a process that they use to manage the risk associated with taking on Gig / Lyft / Uber drivers as tenants ?
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1 March 2018 | 3 replies
If you need a realtor, my realtor Account Closed is excellent.
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25 March 2018 | 5 replies
Without going too deep into my personal situation I’m active duty in the Military and I’m about to re-enlist and fortunately for me I can receive a bonus.
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8 July 2021 | 27 replies
Renovation loans are excellent financial decisions for your primary residence, or in the least to start your real estate buying journey.
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3 March 2018 | 9 replies
If it was somewhere that they knew it was leaking and chose not to notify you until after they received the bill, I would consider that negligence on their part.
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23 February 2018 | 3 replies
I'll be receiving a 1099 from a company to my llc for driving truck.
3 April 2018 | 2 replies
I received a quote from a local back on a 30-year fixed for a three-unit rental property of 5.5% (with good credit score).