William Rushton
FHA Loan on MFH with Current Tenants
21 September 2021 | 12 replies
I'm from Chicagoland area, and I'm running into a lot of duplexs that have confirmed tenants.
John Bradley
Multifamily millionaire volume 1&2
27 September 2021 | 2 replies
@Aissatou DialloThe day I posted this message I received confirmation that the order was ready to be shipped.
Adielle Rivera
HouseHacking on weekends only?
21 September 2021 | 7 replies
Your agent should be able to confirm that.
Baird King
Does the sale of a minority share trigger a tax assessment?
5 October 2021 | 4 replies
I read somewhere that tax assessment only gets triggered when a >50% share transfers ownership, but I have not confirmed.
Benjamin Carver
Refinance into an FHA?
23 September 2021 | 7 replies
I would confirm that's not the case for an FHA refi.
Kohei Hayashi
"Set for Life" - Was it harder going from $0-25k or $25k-100k?
23 September 2021 | 11 replies
Once I started growing this real estate thing, however, and I realized the opportunities that were out there if I only had the capital, I had to develop new skills in terms of BRRRRR (buy, rehab, rent, reserve, refinance, repeat), generating outside capital, deal analyzing, etc. a lot of which I had not ever done before, or had never applied to real estate.
Tracy Schultz
What is a good rule of thumb for how much to have saved up?
28 September 2021 | 25 replies
You want to make sure you have reserves for vacancies and also for unexpected repairs of making the place rent ready when a tenant moves out.
Amy Davidson
Lenders who will use an existing appraisal for washout refi
27 September 2021 | 5 replies
FYI if you need 3rd party confirmation: Yes, rates got about 45 bps worse today, compared just to yesterday.
Charles Elliott
Sell or Cashout Refinance?
23 September 2021 | 22 replies
To help veterans and active duty (and of course, eligible Guard & Reserve) buy a home, the VA through the VA home loan program will guarantee 25% of the purchase price up to a certain amount (usually known as the Conforming Loan Limit), enabling us to buy a home with a 0% down payment and no PMI.
Andy Sayers
CAD Draftsperson & Cabinet Maker in Milwaukee
23 September 2021 | 5 replies
As long as you carry sufficient reserves, it's a great way to grow wider faster.