
17 February 2025 | 15 replies
Due to the popularity and scarcity of these properties in Nashville, it would be difficult to find a property meeting the STR requirements given a proposed purchase price of ~$300-350k.Additionally, your situation is a bit unique as it sounds like you may be living away from your primary residence more often than not, and as such, I also recommend you confirm with a lender whether this situation would qualify for this type of (primary residence) loan.

9 February 2025 | 3 replies
You need income to qualify for loans, you can learn how to manage rentals well (something most landlords never do), you will figure out which communities/properties make the best investments, can earn an above-average paycheck, and may even find some investment properties before they hit the market.

30 January 2025 | 3 replies
The SST doesn't apply for legal 2-flats so if you want to use FHA it's probably better to target those that maybe also have a non-conforming basement or attic unit.This is why the 5% down conventional loan is a game changer for house hackers.

15 February 2025 | 14 replies
Meet-ups via local groups or via zoom calls or private REI clubs/groups.Asking a seasoned agent in each city/county as well as a Banker/Loan officer will also help put a plan together.

29 January 2025 | 21 replies
The counterclaim states that since the deed in lieu language was part of the loan, the entire loan is invalid.

29 January 2025 | 5 replies
.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down).

19 February 2025 | 27 replies
There is so much that goes into a successful STR beyond the very basics.Now, projections can help for people using a DSCR loan.

7 February 2025 | 3 replies
You can also do value add STR & Multi-Family Rentals by starting with distressed properties and using a bridge loan to acquire them with a lower down payment compared to a DSCR loan.Networking – Connect with local investors, wholesalers, and realtors in your target markets.

30 January 2025 | 0 replies
FHA LoansIf your down payment savings and your credit score aren’t where you want them to be, an FHA loan could be your pathway to buying a home.

1 February 2025 | 6 replies
With the FHA loan you won't need a huge amount of your savings.