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5 September 2016 | 10 replies
To meet your objective is probably a near full time endeavor.
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15 September 2016 | 8 replies
What @Michael McDevitt is saying is far more reliable than any "objective" rating service.
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11 March 2017 | 10 replies
If you convert your home prior and decide to rent or live else where in the interim, then decide to use FHA to qualify for a new primary you can use the rental income with out restrictions of the 100 mile rule and still qualify for FHA.Their (FHA) guidelines are rigid, but with proper planning you can adhere to the guidelines and accomplish your objectives while avoiding the unintended consequences of the rules.Best practice would probably be to wait a few months after moving till utilizing your FHA loan to obtain another property.FHA does have a max of 7 financed properties including the FHA insured property (6 rentals + 1 FHA primary) so it looks like you're riding up to your max with the current of 6 financed properties.
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20 April 2018 | 14 replies
Sounds like we have similar objectives.
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3 March 2017 | 10 replies
The lender will probably not object, since it will assume the seller has implemented an estate planning device.
23 September 2016 | 40 replies
Being that wholesaling is costing me more than it's making me... that would have been a viable option.Since I'm looking to make buy and hold my main objective, being a RE agent means tons of overhead.
15 September 2016 | 4 replies
I can't see why a landlord would have any objections to this as from their perspective you are putting more skin in the game by having your future credit take a hit if you fail to pay rent and pay on time.
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15 September 2016 | 3 replies
My objective is to move the building in the other direction with improvements and rent increases to get higher quality tenants.
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16 September 2016 | 12 replies
It's not that I object to you withholding the truth from your Realtor as part of your game - but, don't expect them to like it!
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27 August 2017 | 82 replies
So if your objective is to preserve cash and you are ok with trading off a little equity then it can be a good approach.