My question is when the three years are up is there a way for me to “refinance the house into my name based of off the equity instead of having to qualify based on my income and pay the owner off”.

Hello All,To get this started I will give my current situation. I am a young investor with my 2 other brothers, we are currently investing in Kansas City, Missouri. We have now 3 properties under our belt!Property 1:P...

Does anyone know if contacting (calling) the owner of a property that is going in to Auction in a week in the state of Indiana?

Spencer,If you are moving in to the property you can do 5% down (given the other property was not purchased as a primary residence.)Conventional loans allow you to do 15% down on a new investment property purchase.

Kind regards and thanks for the hard work you put into this site, day in and day out.

Would like to start our REI journey by converting our primary single family home into a rental.

So I've been looking to purchase a rental since the beginning of this year, but I've run into a couple obstacles.

A developer buys a piece of land and divides it into 7 lots.  

If you have equity and can benefit from a lower rate I would look into doing a refinance to fix the issues.

If you are interested, we have an in-person event coming up this Saturday where we are diving in to AirBnB / Short-term rentals in Chicago.