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22 April 2018 | 6 replies
I've been communicating with the gentleman for several weeks now, he's emailed me information on what he needs to qualify me for an FHA loan, however, I'm a little nervous because I live in Wisconsin.Has anyone ever worked with an FHA mortgage counselor/originator in another state?
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21 April 2018 | 25 replies
I started with a few residential mortgage loans then wouldn’t qualify anymore so had to do the last few through a commercial lender in the same bank.
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29 April 2018 | 14 replies
While your proposal may work with non-qualified funds it will not work with qualified funds.
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15 December 2021 | 15 replies
That being said, I think being a low income landlord requires a lot more street smarts, people and detective skills...
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17 April 2018 | 1 reply
You have handy-man skills, so you can start with a fixer-upper.
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19 April 2018 | 5 replies
@Chukwudi Motanya if you have the ability to go fannie/freddie for your investments, you'll definitely get better interest rates and less (or sometimes no) fees. fannie/freddie cap out at 10 financed properties, though, and they will qualify you based on income and ability to repay. still, this is the best option for your first 10 if you have the income on-paper, but yes, you would be paying on 10 different mortgages one at a time.
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22 April 2018 | 30 replies
You normally have to be pre-qualified in order to get the POF, but you don't need to have a deal in hand to do that.
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19 April 2018 | 8 replies
They are really good about pre-qualifying a buyer upfront.
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19 April 2018 | 1 reply
Still marketing and qualifying for tenant/buyers.
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19 April 2018 | 33 replies
I am an investor, self managing landlord, and GC, I specifically don't Want to get a realtor license so I’m not considered a real estate professional for tax designations so when I periodically sell something, I still qualify for long term capital gains.