Tom Feret
Creative option(s) for fully rented multifamily to be an OO?
17 May 2016 | 7 replies
I think if you structure the file fluidly to anticipate all these areas the underwriter in most cases will sufficiently be able to document the file with just the letter I mentioned above to proceed to docs.The self sufficiency rule above is the hardest because in the past all 4 units had to be greater than the full PITIA (principal/interest/taxes/insurance/assessments) but recently FHA changed this rule to 75% of the rental incomes of all 4 units has to be greater than the PITIA which is a much more restrictive rule basically forcing out properties in markets which have lower rent to value ratios like most parts of orange county, most of los angeles, most of seattle, Austin core down town areas, Dallas core areas, and other more expensive areas.
John McRae
New BP member from New Hampshire
16 May 2016 | 7 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Rene Acosta
REI newbie
15 May 2016 | 4 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Etay Orlander
New owner
19 May 2016 | 9 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
John Aimon
Than Merril Seminars?
29 January 2018 | 19 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Jayson J.
Looking to start and build a team in Katy, TX.
15 May 2016 | 2 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Account Closed
Name spelled wrong on Deed, Address is Wrong. It used to be right
29 May 2016 | 1 reply
On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title.
Spencer Ross
First deal has four possible owners
15 June 2016 | 3 replies
I'm in Arizona by the way.
Brian Northrup
Newbie from Phoenix, Arizona
14 July 2016 | 10 replies
Born and raised in Phoenix, Arizona.
Hisashi N.
how to collect unpaid rent after tenants moved out ?
17 March 2021 | 7 replies
We have filed eviction to local county court numerous times and tenants moved out.