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13 May 2017 | 13 replies
If you can't find anyone, send me an e-mail, OP.
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6 June 2017 | 7 replies
The 100 mile rule that Chris mentions is true also so you'd need to meet both in order to use rental income to qualify however, if you have "enough," income to qualify for both homes with out "rental income," then you can avoid these pesky guidelines.Below are reminders of several sections of FHA Handbook 4000.1 that apply to the “FHA 100 mile rule” Departure Residence Rental Income: Using rental income from a property being vacated by the borrower: If rental Income is being derived from the Property being vacated by the Borrower, the Borrower must be relocating to an area more than 100 miles from the Borrower’s current Principal Residence.Multiple FHA loans: A Borrower may be eligible to obtain another FHA-insured Mortgage without being required to sell an existing Property covered by an FHA– insured Mortgage if the Borrower is: Relocating or has relocated for an employment-related reason; andEstablishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.Military Personnel / Occupancy: The Lender must obtain a copy of the Borrower’s military orders evidencing the Borrower’s Active Duty status and that the duty station is more than 100 miles from the subject property.
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4 April 2017 | 8 replies
Hey BP Members, I finally bought my first mailing list!
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31 March 2017 | 10 replies
I'm starting out and been doing research on wholesaling properties I have contracts an direct mailing letters but having trouble on were to find good properties to send them too!
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6 April 2017 | 8 replies
I'm reminded of something I heard once, it's all bout time and interest.
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31 March 2017 | 13 replies
Paying high prices for courses isn't going to guarantee your success and people need to be reminded of this.
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3 April 2017 | 16 replies
Hey Ryan, so far I'm doing direct mail and cold calling with decent results.
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30 March 2017 | 5 replies
You send out move out charge sheet with those charges within the 21 day MN time period ,so if they left April 5, the mover out security deposit charge sheet has to be in the mail by April 26th..And you put it in the mail not email, if you don't know where they moved address to the apartment they just left, the post office will either forward it or return it, if returned don't open keep it on record.
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29 March 2017 | 2 replies
In the past, buying a Auction.com home that is occupied has simply meant after I received the deed in the mail, either offering cash for keys or going through the normal eviction process.
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30 March 2017 | 4 replies
@Jim JackSometimes I get it on the phone from seller and sometimes in person, I get the seller on the phone with mortgage co for payoff, and look at PITI on loan book when they mail in mortgage payment