If you have any qualified buyers, I'm offering 2.5 commission.

Hello BP members!Straight to the question... can one obtain FHA financing if that person owns a few rental properties? I am asking because I live in Los Angeles, I am planning to start investing in passive income-prod...

But likely our deal criteria will move upwards to qualify for syndication as we gain more experience.

How did you find a VA you could trust, was qualified (capable of completing a wide range of task well), was motivated even though they were not full time, and did not cost a fortune?

What people would you absolutely have to hire for your dream team starting out in Real Estate and where would you seek out the most qualified people?

What people would you absolutely have to hire for your dream team starting out in Real Estate and where would you seek out the most qualified people?

They also allow you to qualify straight off the cash flow of the set property you are planning to buy.

House Hacking Analysis:Financing: FHA or FHA 203K (depending on the condition of the property and the deal) Due to the flexible qualifying guidelines and low down payment requirements, I feel a 30 year FHA or FHA 203K loan would make the most sense in my situation.My partner and I would split the 3.5% down payment and would have both of our names on the loan.

Having said that,if you don't qualify for a conventional loan or if your property doesn't qualify for a conventional loan (think seriously non-warrantable condo) then a portfolio loan would be your next stepBest of luckStephanie

If your credit is good and your debt to income is good I dont imagine that a 13k loan will make any negative impact on you qualifying for the loan2.